13. MC.16-064 At the end of the year, overhead applied was $42,000,000. Actual overhead was $40,300,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to increase by $3,400,000 b. decrease by $1,700,000 c.decrease by $3,400,000 d. increase by $1,700,000 a