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Using the Following Information: Assuming Overapplied Overhead Is Considered

Question 42

Multiple Choice

Using the following information: Using the following information: Assuming overapplied overhead is considered material,using the preferred method,what would be the adjustment to Cost of Goods Sold to close the overapplied overhead? A) A debit of $33,600. B) A credit of $33,600. C) A debit of $40,000. D) A credit of $40,000. Assuming overapplied overhead is considered material,using the preferred method,what would be the adjustment to Cost of Goods Sold to close the overapplied overhead?


A) A debit of $33,600.
B) A credit of $33,600.
C) A debit of $40,000.
D) A credit of $40,000.

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