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Question 29 3 pts Which of the following is FALSE? The overhead variance is defined...

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Accounting

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Question 29 3 pts Which of the following is FALSE? The overhead variance is defined as the difference between actual overhead and applied overhead. O If overhead was over-applied, then the overhead variance would be subtracted from the unadjusted cost of goods sold. O The overhead variance occurs due to the use of a predetermined overhead rate rather than an actual overhead rate. o Overhead is under-applied if actual overhead is less than applied overhead

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