If Manufacturing Overhead Has a Debit Balance at the End

question 153

Multiple Choice

If Manufacturing Overhead has a debit balance at the end of the period, then

• A) overhead has been underapplied.
• B) the overhead assigned to Work in Process Inventory is less than the overhead incurred.
• C) overhead has been overapplied.
• D) management must take corrective action .

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Definitions:

Poly-

A prefix meaning "many" or "multiple," used in various scientific and technical contexts to denote multiplicity.

Blast

A powerful explosion or a strong gust of wind or air.

Cidal

Used as a suffix in pharmacology and microbiology to indicate substances or actions that kill (e.g., bactericidal, which means capable of killing bacteria).

-ase

A suffix used in biochemistry to denote enzymes, which are proteins that catalyze biochemical reactions.