D) Some other amoult. t the end of the accounting period, applied overhead was larger than actual overhead by a material amount. The overapplied overhead should be: A) Treated as an extraordinary gain. B) Closed into Cost of Goods Sold. Apportioned among Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold. D enoref actual overedis daturmined onlyormalcrol purposes. 2. All of the following are advantages of developing a predetermined overhead application rate except: A) Short-run fluctuations in volume of output are normalized. ) In a job order system, unit costs can be determined as soon as jobs are completed C) The overhead application rate facilitates assigning overhead costs to the ending inventory of work in process. D) Actual overhead will always be less than applied overhead