Flounder Company uses the direct write-off method to eliminate its underapplied overhead. Assume that Flounder incurred actual overhead costs, totaling $97000 and applied overhead costs of $86000. Unfortunately, at year-end, Flounder's chief cost accountant inadvertently forgot to adjust Cost of Goods Sold for the required adjustment amount. What effect will this error have on Flounder's Cost of Goods Sold and Gross Margin