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A company over applied $12,000 worth of Overhead during this year and the amount consider as material. Which of the statement is true? A: Net

A company over applied $12,000 worth of Overhead during this year and the amount consider as material. Which of the statement is true?

A: Net income will be greater

B: Current Assets greater

C: Current Liability will greater

D: Both AB

E: None of it

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