In Order to Adjust for the Over-/Under-Applied Manufacturing Overhead, Abe

Multiple Choice

In order to adjust for the over-/under-applied manufacturing overhead, Abe Company increased its balance in the Cost of Goods Sold account only.This implies that

A) the company incurred more overhead costs than the overhead assigned to jobs, and the amount was not material.
B) the company incurred less overhead costs than the overhead assigned to jobs, and the amount was material.
C) the company incurred more overhead costs than the overhead assigned to the jobs, and the amount was material.
D) the company incurred less overhead costs than the overhead assigned to jobs, and the amount was not material.