The Most Common Method for Disposing of Over- or Underapplied

question 103

Multiple Choice

The most common method for disposing of over- or underapplied overhead is to

• A)recalculate the overhead rate for the period.
• B)recalculate the overhead rate for the next period.
• C)make a direct adjustment to Work in Process Inventory.
• D)make a direct adjustment to Cost of Goods SolD.The most common method for disposing of the balance in Manufacturing Overhead is to make a direct adjustment to Cost of Goods Sold.

---

Definitions:

Subject

Represents the entity or topic that is being discussed, analyzed, or used as the focus of a sentence, study, or research.

Proposition

A declarative sentence that is either true or false and states a fact or claim about the world.

Baptist

Refers to a member of a Christian denomination known for its belief in baptism solely of adult believers by full immersion.

Predicate

In logic, it is the part of a sentence or formula that tells something about the subject or assigns a property to the subject.