Under- or Overapplied Manufacturing Overhead at Year-End Is Most Commonly

question 70

Multiple Choice

Under- or overapplied manufacturing overhead at year-end is most commonly:

• A)charged or credited to Work-in-Process Inventory.
• B)charged or credited to Cost of Goods Sold.
• C)charged or credited to a special loss account.
• D)prorated among Work-in-Process Inventory,Finished-Goods Inventory,and Cost of Goods SolD.
• E)ignored because there is no effect on the Cash account.

---

Definitions:

Reduced Absenteeism

A decrease in the frequency of employees failing to report for work as scheduled, benefiting both productivity and morale.

Attract Talent

The strategies and measures taken by organizations to entice highly skilled professionals to work for them.

Job Enrichment

A method to improve job satisfaction by adding tasks that increase the responsibility and opportunity for growth of the employee.

Horizontal Loading

The process of adding more tasks of similar complexity to an individual's job role to increase variety without necessarily increasing responsibility.