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    Managerial Accounting Tools
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    Exam 3: Job Order Costing
  5. Question
    Assume That Variable Overhead Is Over Applied by $100 and Fixed
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Assume That Variable Overhead Is Over Applied by $100 and Fixed

Question 127

Question 127

Multiple Choice

Assume that variable overhead is over applied by $100 and fixed overhead is under applied by $50.The effect on cost of goods sold is


A) $150 increase.
B) $150 decrease.
C) $50 increase.
D) $50 decrease.

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