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Sheffield Inc. showed the following amounts in its manufacturing overhead account at the end of 2022: Based on this information, which statement is true? No

Sheffield Inc. showed the following amounts in its manufacturing overhead account at the end of 2022: Based on this information, which statement is true? No manufacturing overhead has been applied. Manufacturing overhead expense will be reported in the operating section of the income statement in the amount of \$1700. Manufacturing overhead has been over-applied. Manufacturing overhead has been under-applied

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