Question 6 2 pts Which of the following statements is true? Overapplied overhead, after fixing at period-end, will result in a Credit balance in the Overhead account. Underapplied overhead, if not fixed at period-end, will result in overstated gross margin. If Actual overhead = Budgeted overhead, there will not be any overapplied or underapplied overhead. Overhead is applied to jobs or departments by debiting the overhead account