Ebited cost of goods sold-credited manufacturing overhead

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Sting Corporation debited Cost of Goods Sold and credited Manufacturing Overhead at year-end. On the basis of this information, one can conclude that:

? Budgeted overhead exceeded actual overhead,

? Budgeted overhead exceeded applied overhead,

? Budgeted overhead was less than applied overhead,

? Actual overhead exceeded applied overhead.

? Actual overhead was less than applied overhead.

Reference no: EM131206409

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