O d. None of the given answers Oe. 4,900 Which of the following is correct with respect to closing out overapplied manufacturing overhead to Cost of Goods Sold versus closing it out to Work-in-Process...

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Extracted text: O d. None of the given answers Oe. 4,900 Which of the following is correct with respect to closing out overapplied manufacturing overhead to Cost of Goods Sold versus closing it out to Work-in-Process InventoryY, Finished Goods Inventory, and Cost of Goods Sold? Oa The balance in the Work-in-Process account after allocation will be higher if the overapplied overhead is closed out by allocating it to all appropriate accounts. O b. Operating income will be higher if all of the overapplied overhead is closed out to Cost of Goods Sold. Oc. None of given answer is correct. O d. Cost of Goods Sold will be lower if the overapplied overhead is closed out by allocating it to the inventory accounts as vell as to Cost of Go ds Sold. O e. The balance in the Work-in-Process account after allocation will be the same under ether method. GE NEXT PAGE Jump to.. COURSE OUTLINE SPRING2021