When Actual Overhead Cost Exceeds Overhead Applied to Production

question 46

Multiple Choice

When actual overhead cost exceeds overhead applied to production,

• A)over-absorbed overhead is added to cost of goods sold.
• B)over-absorbed overhead is deducted from cost of goods sold.
• C)under-absorbed overhead is added to cost of goods sold.
• D)under-absorbed overhead is deducted from cost of goods sold.

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Definitions:

Short-Term Memory

A temporary storage system in the brain for holding a small amount of information in an easily accessible state for a short period.

Engrams

Hypothetical physical or biochemical changes in the brain that represent memories.

Memory Span

The number of items, usually words or numbers, that a person can retain and recall in correct order.

Memory Span

The capacity to hold a small amount of information in mind in an active, readily available state for a short period.