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    Business
  3. Study Set
    Cost Accounting Foundations and Evolutions
  4. Exam
    Exam 3: Predetermined Overhead Rates, Flexible Budgets, and Absorptionvariable Costing
  5. Question
    If Overapplied Factory Overhead Is Immaterial,the Account Is Closed by a Debit
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If Overapplied Factory Overhead Is Immaterial,the Account Is Closed by a Debit

Question 158

Question 158

True/False

If overapplied factory overhead is immaterial,the account is closed by a debit to Cost of Goods Sold.

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