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A company has OVERAPPLIED overhead for the year. If all other things remain constant, which of the following will give the company the higher net

A company has OVERAPPLIED overhead for the year. If all other things remain constant, which of the following will give the company the higher net income?

Group of answer choices

Allocating the overapplied overhead to the appropriate accounts

Closing the overapplied overhead totally to Cost of Goods Sold

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