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At the end of the year, overhead applied was $3,677,000. Actual overhead was $3,313,000. 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 $3,677,000. Actual overhead was $3,313,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to a. decrease by $364,000 b. increase by $728,000 c. decrease by $728,000 d. increase by $364,000

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