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Question 30 7.14 pts When closing overapplied (overallocated) manufacturing overhead to Cost of Goods Sold, which of the following would be true? O Gross margin

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Question 30 7.14 pts When closing overapplied (overallocated) manufacturing overhead to Cost of Goods Sold, which of the following would be true? O Gross margin will increase. O Cost of Goods Sold will increase. Operating income will decrease. O Work in Process will decrease

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