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Overhead has been under-applied when the A) Overhead account has a credit balance. B) Overhead account has a debit balance. C) company has overspent in

Overhead has been under-applied when the

A)

Overhead account has a credit balance.

B)

Overhead account has a debit balance.

C)

company has overspent in the overhead cost area.

D)

adjusting entry to account for the under-applied overhead involves a credit to Cost of Goods Sold.

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