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For Each of the Following Statements,determine If Manufacturing Overhead Was

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For each of the following statements,determine if manufacturing overhead was:

Premises:
Cost of goods sold is increased
Actual manufacturing overhead is less than allocated manufacturing overhead
Cost of goods sold is decreased
Actual manufacturing overhead is more than allocated manufacturing overhead
Responses:
underallocated
overallocated

Correct Answer:

Cost of goods sold is increased
Actual manufacturing overhead is less than allocated manufacturing overhead
Cost of goods sold is decreased
Actual manufacturing overhead is more than allocated manufacturing overhead
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