At the end of the year, overhead applied was $3,786,000. Actual overhead was $3,132,000. Closing...
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Accounting
At the end of the year, overhead applied was $3,786,000. Actual overhead was $3,132,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to a. decrease by $1,308,000 Ob. increase by $654,000 c. decrease by $654,000 Od. increase by $1,308,000
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