At the end of the year overhead applied was 3272961 actual


At the end of the year, overhead applied was $3,272,961. Actual overhead was $3,742,718. Closing over/under applied overhead into cost of goods sold would cause net income to increase/decrease by?

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Accounting Basics: At the end of the year overhead applied was 3272961 actual
Reference No:- TGS01481672

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