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9. Is manufacturing overhead underapplied or overapplied? By how much?* 10. ...

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Accounting

9. Is manufacturing overhead underapplied or overapplied? By how much?*
10. What is the cost of goods available for sale?
11. What is the journal entry to record the cost of goods sold referred to in item h above?
12. What is the ending balance in Finished Goods?
13. Assuming the company closes its underapplied or overapplied overhead to Cost of Goods Sold, what is the adjusted cost of goods sold?
14. What is the gross margin?
15. What is the net operating income?

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