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Account Balances Are as Follows: If Underapplied or Overapplied

Question 67

Multiple Choice

Account balances are as follows: Account balances are as follows: If underapplied or overapplied overhead is material and is allocated to Work in Process, Finished Goods, and Cost of Goods Sold (based on ending account balances) , Cost of Goods Sold after adjustment would have a balance of A) $1,440,000. B) $ 640,000. C) $1,040,000. D) $ 960,000. If underapplied or overapplied overhead is material and is allocated to Work in Process, Finished Goods, and Cost of Goods Sold (based on ending account balances) , Cost of Goods Sold after adjustment would have a balance of


A) $1,440,000.
B) $ 640,000.
C) $1,040,000.
D) $ 960,000.

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