Adjustment of Overapplied or Underapplied Overhead
{"Image DocumentName": "Adjustment of Overapplied or Underapplied Overhead", "Image ImageDescription": "Adjusting Cost of Goods Sold for underapplied or overapplied overhead. If overhead is underapplied, the cost of goods sold does not include all production costs incurred. Therefore, the end-of-period adjustment for underapplied overhead increases cost of goods sold. If overhead is overapplied, the cost of goods sold includes more costs than were incurred. The end-of-period adjustment for overapplied overhead decreases cost of goods sold.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}