When the Actual Overhead Costs Exceed the Amount of Applied

question 124

Multiple Choice

When the actual overhead costs exceed the amount of applied overhead costs,the overhead costs are ________.At the end of the accounting period,accountants dispose of the underapplied or overapplied overhead using ________ or ________.

• A) overapplied; proration; immediate write-off
• B) underapplied; proration; immediate write-off
• C) overapplied; flexible budget variance; proration
• D) underapplied; flexible budget variance; immediate write-off

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Definitions:

Unfair Treatment

Acts of discrimination or injustice towards individuals or groups, often based on bias, prejudice, or favoritism.

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation.

Vicious Cycle

A sequence of reciprocal cause and effect where a negative situation is perpetuated, often leading to a deterioration of the situation over time.

Social Inequality

The unequal distribution of resources, opportunities, and privileges among individuals in a society, often based on race, gender, or social class.