Overapplied Manufacturing Overhead Exists When Overhead Assigned to Work in Process

question 32

Multiple Choice

Overapplied manufacturing overhead exists when overhead assigned to work in process is

• A)more than overhead incurred and there is a positive balance in Manufacturing Overhead at the end of a period.
• B)less than overhead incurred and there is a positive balance in Manufacturing Overhead at the end of a period.
• C)more than overhead incurred and there is a negative balance in Manufacturing Overhead at the end of a period.
• D)less than overhead incurred and there is a negative balance in Manufacturing Overhead at the end of a period.

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Definitions:

Avoidance-Avoidance Conflict

A psychological situation involving a choice between two negative or undesirable options.

Risk-Aversion Conflict

The psychological struggle or decision-making dilemma faced when avoiding risk leads to potential gains being missed or minimized.

Approach-Approach Conflict

A decision-making dilemma involving two positive options, where choosing one desirable alternative means losing another equally desirable one.

Approach-Approach Conflict

A psychological dilemma that occurs when an individual must choose between two desirable outcomes.