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At the end of the year, overhead applied was $3,728,000. Actual overhead was $3,140,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net
At the end of the year, overhead applied was $3,728,000. Actual overhead was $3,140,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to
a.increase by $588,000
b.decrease by $1,176,000
c.increase by $1,176,000
d.decrease by $588,000
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