What Is the Impact of Disposing Any Overapplied Overhead Between

question 78

Multiple Choice

What is the impact of disposing any overapplied overhead between the appropriate accounts, if the amount is material?

• A)It will increase cost of goods sold, decrease income, and reduce inventory.
• B)It will reduce cost of goods sold, increase income, and increase inventory.
• C)It will reduce cost of goods sold, increase income, and reduce inventory.
• D)It will increase cost of goods sold, decrease income and increase inventory.