Material Amounts of Underapplied or Overapplied Overhead Should Be

question 12

Multiple Choice

Material amounts of underapplied or overapplied overhead should be

• A)treated as an adjustment to cost of goods sold.
• B)treated as an adjustment to work in process.
• C)allocated to direct materials, work in process, and finished goods.
• D)allocated to work in process, finished goods, and cost of goods sold.

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Definitions:

NaOH

Sodium hydroxide, a highly caustic metallic base and alkali that is available in pellets, flakes, and dissolved solutions, used in the manufacturing of many products, including soap and paper.

Strong Base

A substance that can completely dissociate in water to produce hydroxide ions and a corresponding cation.

Hydroxide Ions

Negatively charged ions made of oxygen and hydrogen (OH-), which characterize basic solutions.

pH

A numeric scale used to specify the acidity or basicity of an aqueous solution, ranging from 0 to 14.