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Given net income is 300,000 (before adjusting for over and underapplied manufacturing overhead) and manufacturing overhead is overapplied by 30,000. What is the net income
Given net income is 300,000 (before adjusting for over and underapplied manufacturing overhead) and manufacturing overhead is overapplied by 30,000.
What is the net income after adjustment for the overapplied manufacturing overhead?
a) 330,000
b) 300,000
c) 200,000
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