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At the end of the year, overhead applied was $3,643,000. Actual overhead was $3,480,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net

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At the end of the year, overhead applied was $3,643,000. Actual overhead was $3,480,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to O a. increase by $163,000 Ob. decrease by $326,000 . Oc. decrease by $163,000 d. increase by $326,000

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