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If overhead is underapplied all of the following are true except: The Factory Overhead account has a debit balance. Jobs are undercosted. Jobs are overcosted.

If overhead is underapplied all of the following are true except:

The Factory Overhead account has a debit balance.

Jobs are undercosted.

Jobs are overcosted.

The adjusting journal entry requires a debit to Cost of Goods Sold.

The adjusting journal entry requires a credit to Factory Overhead.

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