Manufacturing Overhead Has an Underallocated Balance of $6,200; Raw Materials

Multiple Choice

Manufacturing overhead has an underallocated balance of $6,200; raw materials inventory balance is $50,000; work in process inventory is $30,000; finished goods inventory is $20,000; and cost of goods sold is $100,000. Using this information, which account would have an opening credit balance?

A) Raw materials inventory
B) Finished goods inventory
C) Work in process inventory
D) None of the above