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1.Prepare the closing entry for the $20,000 of under-applied overhead, assuming that the balance is not considered to be material. 2.Prepare the closing entry for
1.Prepare the closing entry for the $20,000 of under-applied overhead, assuming that the balance is not considered to be material.
2.Prepare the closing entry for the $20,000 of under-applied overhead, assuming that the balance is considered to be material.
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