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1.Describe in your own words how MOH is under-applied and what are the underlying reasons? 2. Assume a company adjusts its under-applied MOH to cost

1.Describe in your own words how MOH is under-applied and what are the underlying reasons?

2. Assume a company adjusts its under-applied MOH to cost of goods sold. Explain in your own words why Cost of Goods Sold needs to be increased (debited) when adjusting an under-applied MOH amount?

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