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    Cost Accounting Foundations and Evolutions Study Set 2
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    Exam 3: Predetermined Overhead Rates, Flexible Budgets, and Absorptionvariable Costing
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    Actual Overhead Exceeds Applied Overhead and the Amount Is Immaterial
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Actual Overhead Exceeds Applied Overhead and the Amount Is Immaterial

Question 153

Question 153

Multiple Choice

Actual overhead exceeds applied overhead and the amount is immaterial. Which of the following will be true? Upon closing, Actual overhead exceeds applied overhead and the amount is immaterial. Which of the following will be true? Upon closing,   A)  underapplied increase B)  overapplied decrease C)  overapplied increase D)  underapplied decrease


A) underapplied increase
B) overapplied decrease
C) overapplied increase
D) underapplied decrease

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