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If a company closes any underapplied or overapplied overhead directly to the Cost of Goods Sold account, then the Cost of Goods Manufactured will ____________________
If a company closes any underapplied or overapplied overhead directly to the Cost of Goods Sold account, then the Cost of Goods Manufactured will ____________________ if manufacturing overhead is underapplied for the period.
a. Increase
b. Decrease
c. Stay the same
d. Cannot be determined
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