How does firm dispose of over or underapplied overhead costs, Cost Accounting

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How does firm dispose of over or underapplied overhead costs

Response to the following questions:

1. What are some common bases for applying manufacturing overhead costs to products?

2. Why might Manufacturing Overhead be referred to as a "clearing account"?

3. How does a firm dispose of over- or underapplied overhead costs?

Support your answer using a minimum of two professional or academic sources.

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Cost Accounting: How does firm dispose of over or underapplied overhead costs

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Cost Accounting: How does firm dispose of over or underapplied overhead costs

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