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At the end of the year, overhead applied was $3,768,000. Actual overhead was $3,155,000. Closing over/underapplied overhead into Cost of Goods Sold would cause
At the end of the year, overhead applied was $3,768,000. Actual overhead was $3,155,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to Oa. decrease by $613,000 28 Ob. inawase by $613,000 Oc ingresse by 11,226,000 Od decrease by $1.226.000
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Accounting Business Reporting For Decision Making
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
4th Edition
978-0730302414, 0730302415
