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At the end of the year, overhead applied was $3,699,000. Actual overhead was $3,498,000. 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 $3,699,000. Actual overhead was $3,498,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to Oa. increase by $201,000 Ob. increase by $402,000 Oc. decrease by $201.000 Od decrease by $402,000

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