Overhead Costs Are Underapplied If the Amount Applied to Work

question 11

Multiple Choice

Overhead costs are underapplied if the amount applied to Work in Process is:

• A) greater than estimated overhead.
• B) less than estimated overhead.
• C) greater than actual overhead incurred.
• D) less than actual overhead incurreD.
• Overhead cost is underapplied if the amount applied is less than the actual overhead cost.