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GAAP requires that underapplied overhead relating to idle facilities, wasted material, the allocation of fixed production overhead, and so forth, be charged to: A. current
GAAP requires that underapplied overhead relating to idle facilities, wasted material, the allocation of fixed production overhead, and so forth, be charged to:
A. current period income.
B. finished goods inventory.
C. work in process
. D. All of the above
. E. None of these.
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