Question: No need to show work, I will upvote correct answer At the end of the year, overhead applied was $3,789,000. Actual overhead was $3,419,000. Closing

No need to show work, I will upvote correct answer

At the end of the year, overhead applied was $3,789,000. Actual overhead was $3,419,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to a. increase by $370,000 b. decrease by $370,000 O c. decrease by $740,000 d. increase by $740,000

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