Manufacturing Overhead Is Overapplied for the Year by $3,000

Multiple Choice

Manufacturing overhead is overapplied for the year by $3,000.The unadjusted cost of goods sold is $360,000.Closing manufacturing overhead into cost of goods sold will result in which of the following?

A) Adjusted cost of goods sold of $363,000.
B) A credit balance in manufacturing overhead of $6,000.
C) Adjusted cost of goods sold of $357,000.
D) Adjusted cost of goods sold of $360,000.