What is the result for underestimated the manufacturing

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Reference no: EM132607715

Question 1: If a manufacturer underestimated the manufacturing overhead budget and overestimates the activity base for the year, what is the result?

Option 1: Overapplied factory overhead

Option 2: Underapplied factory overhead

Option 3: Overstated finished goods inventory

Option 4: Understated work in process inventory

Reference no: EM132607715

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