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30. At the end of the fiscal year factory overhead applied and incurred are reconciled. The following may occur: a. A contribution margin b. If

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30. At the end of the fiscal year factory overhead applied and incurred are reconciled. The following may occur: a. A contribution margin b. If Factory overhead applied is more it is overapplied c. If factory overhead incurred is more it is overapplied d. If factory overhead incurred is more is out of equilibrium

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