Find the sanger corporation debited cost of goods sold

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Question 1: Sanger Corporation debited Cost of Goods Sold and credited Manufacturing Overhead at year-end. On the basis of this information, one can conclude that: "

Option 1: budgeted overhead exceeded actual overhead.

Option 2: budgeted overhead exceeded applied overhead.

Option 3: budgeted overhead was less than applied overhead.

Option 4: actual overhead exceeded applied overhead.

Reference no: EM132528979

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