Question: From raw materials inventory: Beginning inventory = $90,000 Purchases = $150,000 Ending Inventory = $143,000 From WIP inventory: Beginning inventory = $75,000 DL = $60,000

From raw materials inventory:
Beginning inventory = $90,000
Purchases = $150,000
Ending Inventory = $143,000
From WIP inventory:
Beginning inventory = $75,000
DL = $60,000
Ending inventory = $300,000
From FG Inventory:
Beginning inventory = $200,000
Ending inventory = $58,000
COGS = $304,000
Actual MOH = $300,000
How much is the over/under applied MOH?

Group of answer choices

$75,000 over applied

$70,000 over applied

None of the other answers are correct

$70,000 under applied

$75,000 under applied

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