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A debit balance in the Manufacturing Overhead account at the end of an interim month means that Select one: a. overhead has been underapplied b.
A debit balance in the Manufacturing Overhead account at the end of an interim month means that Select one: a. overhead has been underapplied b. the balance should be reported as an asset in the monthly balance sheet. c. corrective action by management is necessary d. cost of goods sold should be credited on the monthly income statement.
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