Manufacturing overhead during the year was over applied

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Manufacturing overhead during the year was over applied. If the amount is immaterial, which one of the following is a part of the transaction that should occur to dispose of the over applied amount?

A. Increase Cost of Goods Sold

B. Decrease Cost of Goods Sold

C. Increase Finished Goods Inventory, Work in process, and Cost of goods sold

D. Decrease Finished Goods Inventory, Work in process, and Cost of goods sold

Reference no: EM13777608

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