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When closing overapplied manufacturing overhead to Cost of Goods Sold, which of the following would be true? Multiple Choice Cost of Goods Sold will increase.
When closing overapplied manufacturing overhead to Cost of Goods Sold, which of the following would be true? Multiple Choice Cost of Goods Sold will increase. Net income will decrease. Work in Process will decrease. Net income will increase. 
When closing overapplied manufacturing overhead to Cost of Goods Sold, which of the following would be true?
Multiple Choice
Cost of Goods Sold will increase.
Net income will decrease.
Work in Process will decrease.
Net income will increase.
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