Help Seve & Ex Carson inc has provided the following data for the month of May. There were no beginning inventones; consequenny, me orect matenars, orect labor, and manufacturing overhead appned asted below area or the current month Work-in- Process Direct materials $5,010 Direct labor 2,430 Manufacturing overhead applied Total 3,200 $10,640 $29,200 Cost of Finished Goods Goods Sold $11,500 $111,320 $127,830 10,500 101,640 114,570 7,200 69,600 80,000 $282,560 $322,400 Total Manufacturing overhead for the month was underapplied by $10.000 The company allocates any underappled or overapplied overhead among work in process finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts The journal entry to record the allocation of any underapplied or overapplied overhead for May would include a Mule Choice des to Finished Goods vermary of $29.200 credit to Finished Goods Invermory of $900 debit to Finished Goods inveory of $900 F Pe 18 of 25 Ned > 0 @LG