D) Some other amoun At 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. 41. Apportioned among Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold. D tenored, actual overeadis datermined onl for intermal control 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. ) The overhead application rate facilitates assigning overhead costs to the ending D) Actual overhead will always be less than applied overhead. inventory of work in process