What Is the Cause of a Debit Balance Remaining in the Manufacturing

question 89

Multiple Choice

What is the cause of a debit balance remaining in the Manufacturing Overhead account at the end of the accounting period?

• A)Overhead has been over-applied.
• B)More overhead cost was incurred than the amount applied during the year.
• C)Not all costs have been posted to the jobs.
• D)The overhead assigned to Work in Process Inventory is more than the overhead incurred.

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Definitions:

Philanthropic

Related to the act of donating money, goods, services, and time to support the welfare of others or contribute to the public good, often through charities or nonprofit organizations.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public—by practicing sustainable business practices and ethical standards.

Social Principles

Fundamental guidelines or norms that dictate behavior within a society, often reflecting the collective ethos or values of a community.

Moral Standards

The principles that guide individuals in distinguishing right from wrong behavior, often influenced by cultural, religious, and personal beliefs.