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In the cost of goods sold calculation, overapplied manufacturing overhead is usually: Shown separately on the income statement Subtracted from unadjusted cost of goods sold

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In the cost of goods sold calculation, overapplied manufacturing overhead is usually: Shown separately on the income statement Subtracted from unadjusted cost of goods sold Not used to calculate cost of goods sold Added to unadjusted cost of goods sold Raw Materials Inventory is only found in: Merchandising organizations Service organizations Manufacturing organizations Wholesale organizations

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