Overapplied Manufacturing Overhead Exists When Overhead Assigned to Work in Process

question 145

Multiple Choice

Overapplied manufacturing overhead exists when overhead assigned to work in process is

• A) more than overhead incurred and there is a debit balance in Manufacturing Overhead at the end of a period.
• B) less than overhead incurred and there is a debit balance in Manufacturing Overhead at the end of a period.
• C) more than overhead incurred and there is a credit balance in Manufacturing Overhead at the end of a period.
• D) less than overhead incurred and there is a credit balance in Manufacturing Overhead at the end of a period.

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