If at the End of the Year Manufacturing Overhead Has

question 154

Multiple Choice

If at the end of the year Manufacturing Overhead has been overapplied it means that

• A) actual overhead costs were greater than the overhead assigned to jobs.
• B) actual overhead costs were less than the overhead assigned to jobs.
• C) overhead has not been applied to jobs still in process.
• D) cost of goods will have to be increased by the amount of the overapplied overhead.

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