The Actual Manufacturing Overhead Incurred at Huberty Corporation During January

The actual manufacturing overhead incurred at Huberty Corporation during January was $73,000,while the manufacturing overhead applied to jobs was $78,000.The company's Cost of Goods Sold was $349,000 prior to adjusting for any underapplied or overapplied overhead.Which of the following statements is true?

A) Manufacturing overhead was overapplied by $5,000;Cost of Goods Sold after adjusting for any underapplied or overapplied overhead is $354,000
B) Manufacturing overhead was underapplied by $5,000;Cost of Goods Sold after adjusting for any underapplied or overapplied overhead is $344,000
C) Manufacturing overhead was underapplied by $5,000;Cost of Goods Sold after adjusting for any underapplied or overapplied overhead is $354,000
D) Manufacturing overhead was overapplied by $5,000;Cost of Goods Sold after adjusting for any underapplied or overapplied overhead is $344,000