The Ogunquit Company Uses a Predetermined Overhead Rate -Refer to the Figure

The Ogunquit Company uses a predetermined overhead rate. The following accounts have these unadjusted balances:
$\begin{array}{ll}\text { Raw Materials } & \$ 20,000 \\\text { Work in Process } & \$ 40,000 \\\text { Finished Goods } & \$ 10,000 \\\text { Cost of Goods Sold } & \$ 50,000\end{array}$
-Refer to the figure.If Manufacturing Overhead was $12,000 underapplied and considered material,what is the journal entry?

A) Cost of Goods Sold $12,000 Manufacturing Overhead $12,000
B) Work in Process $4,800 Finished Goods $1,200
Cost of Goods Sold $6,000
Manufacturing Overhead $12,000
C) Manufacturing Overhead $12,000 Raw Materials $2,000
Work in Process $4,000
Finished Goods $1,000
Cost of Goods Sold $5,000
D) Raw Materials $2,000 Work in Process $4,000
Finished Goods $1,000
Cost of Goods Sold $5,000
Manufacturing Overhead $12,000