Actual overhead exceeds applied overhead and the amount is immaterial. Which of the following will be true? Upon closing,

Overhead is

Cost of Goods Sold will

a. overapplied decrease

b. underapplied increase

c. underapplied decrease

d. overapplied increase

If actual overhead is less than applied overhead, which of the following will be true? Upon closing,

Overhead is

Cost of Goods Sold is

a. underapplied debited

b. overapplied debited

c. underapplied credited

d. overapplied credited