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At the end of the year, overhead applied was $3,745,000. Actual overhead was $3,423,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net
At the end of the year, overhead applied was $3,745,000. Actual overhead was $3,423,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to a. decrease by $644,000 b. increase by $644,000 c. increase by $322,000 d. decrease by $322,000
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