Question: please provide a clear answer ive asked this question twice and experts just copied a different answer and pasted for mine whichc is wrong- and

please provide a clear answer ive asked this question twice and experts just copied a different answer and pasted for mine whichc is wrong- and please dont ask for information and say to email you questions thanks :)
please provide a clear answer ive asked this question twice and experts
just copied a different answer and pasted for mine whichc is wrong-
and please dont ask for information and say to email you questions

Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. The predetermined overhead rate was based on a cost ormula that estimates $980,000 of total manufacturing overhead for an estimated activity level of 98,000 machine-hours During the year, a large quantity of furniture on the market resulted in cutting back production and a buildup of furniture in the company's warehouse. The company's cost records revealed the following actual cost and operating data for the year: Required: 1. Compute the underapplied or overapplied overhead Assume that the company closes any underapplied or overapplied overthead to Cost of Goods Sold. Prepare the appropriate journal Antry. 3. Assume that the company allocates any underapplied or overapplied overhead proportionally to Work in Process, Fished Goods. and Cost of Goods Sold. Prepare the approptiate journal entry. 4. How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process. Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold? Complete this question by entering your answers in the tabs below. Record the entry to close the balance in the manufacturing overhead account to the cost of goods sold account. Note: Enter debits before credits. Record the allocation of the underapplied/overapplied overhead to various accounts. Note: Enter debits before credits

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