There are two methods for disposing of overapplied and underapplied overhead. What are they? Why would a
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Question:
There are two methods for disposing of overapplied and underapplied overhead. What are they? Why would a company use one method over another? What effect does overapplied overhead have on Cost of goods sold (increase/decrease)? What about underapplied overhead? (I know it's been asked before, need something a little more original).
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