If overapplied or underapplied overhead is material

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Reference no: EM131265203

If overapplied or underapplied overhead is material, it should be disposed of by allocating it to:

A) Cost of goods sold and finished goods inventory.

B) Finished goods inventory and work in process inventory.

C) work in process inventory, finished goods inventory, and cost of goods sold.

D) work in process inventory.

E) Raw materials inventory, work in process inventory, and finished goods inventory.

Reference no: EM131265203

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