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Which of the following statements is true? When the amount of overhead applied is greater than actual overhead, overhead is overapplied. When the amount of

Which of the following statements is true? When the amount of overhead applied is greater than actual overhead, overhead is overapplied. When the amount of overhead applied is less than estimated overhead, overhead is underapplied. When the amount of overhead applied is greater than estimated overhead, overhead is overapplied. When the amount of overhead applied is greater than actual overhead, overhead is underapplied

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