Question: Closing underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold is more complex than closing the entire balance

Closing underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold is
more complex than closing the entire balance to Cost of Goods Sold
more accurate than closing the entire balance to Cost of goods sold
calculated by multiplying applicable percentages by the over or under applied overhead
based on the total ending balance of Work in process, Finished goods and Cost of goods sold
Closing underapplied or overapplied overhead proportionally to Work in Process, Finished

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