Forbes Corporation Uses a Predetermined Overhead Rate Based on Direct

question 59

Multiple Choice

Forbes Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the period, the Corporation estimated manufacturing overhead would be $18,000 and direct labor-hours would be 15,000. The actual figures were $19,500 for manufacturing overhead and 16,000 direct labor-hours. The cost records for the period will show:

• A) overapplied manufacturing overhead of $300
• B) overapplied manufacturing overhead of $1,500
• C) underapplied manufacturing overhead of $1,500
• D) underapplied manufacturing overhead of $300

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Definitions:

Sidestep Resistance

A technique or strategy used to avoid or reduce opposition or resistance in various contexts, such as therapy or negotiation.

Development Of Resistance

The process by which bacteria, viruses, and other microorganisms evolve to resist the effects of antibiotics, antivirals, and other treatments.

Motivational Interviewing Philosophy

A counseling approach that seeks to engage intrinsic motivation within the client in order to change behavior, through strategies like open questions and reflective listening.

Interactional Occurrence

An event or situation arising from or involving reciprocal actions or influences between people or entities.