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LO3-4 ( point) Regardless of your responses above, assume that there is an overapplied overhead amount. Will the adjusting entry to clear the overhead account
LO3-4 ( point) Regardless of your responses above, assume that there is an overapplied overhead amount. Will the adjusting entry to clear the overhead account increase, not affect, or decrease COGS? Briefly explain. No computations necessary.
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