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When closing overapplied manufacturing overhead to Cost of Goods Sold, which of the following would be true? A) Cost of Goods Sold will increase. B)

image text in transcribed When closing overapplied manufacturing overhead to Cost of Goods Sold, which of the following would be true? A) Cost of Goods Sold will increase. B) Work in Process will decrease. C) Net income will increase. D) Net income will not change

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