Cal, Incshowed the Following Amounts in Its Manufacturing Overhead Account at at the End

question 15

Multiple Choice

Cal, Inc.showed the following amounts in its manufacturing overhead account at the end of 2012: Based on this information, which statement is true?

• A)No manufacturing overhead has been applied.
• B)Manufacturing overhead expense will be reported in the operating section of the income statement in the amount of $3,000.
• C)Manufacturing overhead has been over-applied.
• D)Manufacturing overhead has been under-applied.

---

Definitions:

Componential Intelligence

An aspect of intelligence theory that emphasizes analytical skills, including problem-solving, logical reasoning, and the ability to manipulate abstract ideas.

Analytical Intelligence

Part of Sternberg's triarchic theory of intelligence, focusing on the ability to analyze, evaluate, judge, compare, and contrast.

Creative Intelligence

The ability to produce novel and valuable ideas or solve problems in unique ways.

Practical Intelligence

A type of intelligence related to everyday problem-solving and adapting to one's environment.