13. At year-end, Kitty Corporation closed the Manufacturing Overhead account by recording the following journal...

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Accounting

image 13. At year-end, Kitty Corporation closed the Manufacturing Overhead account by recording the following journal entry: Which of the following statements is true? A. Budgeted overhead was less than actual overhead. B. Budgeted overhead was less than applied overhead. C. Actual overhead was less than budgeted overhead. D. Actual overhead was less than applied overhead. E. Applied overhead was less than actual overhead

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