An analysis of the Manufacturing Overhead account revealed that overhead had been overapplied during the accounting period. As a result,

Multiple Choice

inventory accounts during the accounting period would be overstated.

a year end adjusting entry would be necessary to reduce the amount of cost of goods sold.

the company's products were overpriced during the accounting period $($assume the company uses a cost plus pricing policy$).$

All of the choices represent consequences of overapplied overhead.