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At the end of the year, overhead applied was $3,705,000. Actual overhead was $3,248,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net

At the end of the year, overhead applied was $3,705,000. Actual overhead was $3,248,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to Oa. increase by $914,000 Ob. increase by $457,000 Oc. decrease by 1457,000 Od. decrease by $914,000

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