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How will the company be affected by the discrepancy

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Problem 1: Van Noten Inc. had applied overhead of $161,000 during March and measured $168,500 of actual overhead at the completion of the month. How will the company be affected by this discrepancy after they make adjustments?

A. Gross margin will increase by $7,500.

B. Cost of goods sold will increase by $7,500.

C. Sales revenue will decrease by $7,500.

D. Cost of goods sold will decrease by $7,500.

E. Operating expenses will increase by $7,500.

Reference no: EM132999260

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