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At the end of the year, overhead applied was $3,733,000. Actual overhead was $3,242,000. 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 $3,733,000. Actual overhead was $3,242,000. Closing over/underapplied overhead into Cost of Goods sold would cause net income to Oa, increase by $491,000 Ob. decrease by $491,000 Oc, increase by $982,000 Od decrease by $982,000

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