$9$

$2$ points

A company has under$-$allocated overhead of $$5,000$ at the end of the year. The company decides to prorate this amount between Work in Process $($WIP$),$ Finished Goods, and

Cost of Goods Sold $($COGS$)$ based on the following account balances before proration:

WIP:I$ $30,000$

Finished Goods: $$50,000$

COGS: $$120,000$

What is the total amount of under$-$allocated overhead that should be allocated to COGS?