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MCQs) When too much overhead cost is charged to products on a predetermined rate as they are made, the result is? (a) Overapplied overhead (b)

MCQs)

When too much overhead cost is charged to products on a predetermined rate as they are made, the result is?

(a) Overapplied overhead

(b) Underapplied overhead

(c) Understatement of Cost of Goods Sold

(d) Inventory cost is too low

(e) Other: (Explain)

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