Answer Happy

Posted: **Sun Jul 03, 2022 1:16 pm**

: At The End Of The Year Overhead Applied Was 42 000 000 Actual Overhead Was 40 300 000 Closing Overhead Into Cost Of 1 (165.86 KiB) Viewed 9 times

At the end of the year, overhead applied was $42,000,000. Actual overhead was $40,300,000. Closing overhead into Cost of Goods Sold over/underapplied would cause net income to: O decrease by $1,700,000 O increase by $1,700,000 O decrease by $3,400,000 O increase by $3,400,000