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At the end of the year, overhead applied was $3,767,000. Actual overhead was $3,123,000. 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 $3,767,000. Actual overhead was $3,123,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to Oa decrease by $644,000 Ob. decrease by $1,288,000 Oc increase by $1,288,000 Od increase by 5644,000

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