Raisin Company's Overhead Cost Was Overapplied by $4,300 in the Current

question 127

Multiple Choice

Raisin Company's overhead cost was overapplied by $4,300 in the current year.The estimated overhead was $170,000,and the applied overhead was $166,000.Compute the actual overhead.

• A) $161,700
• B) $166,700
• C) $165,700
• D) $174,300

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Definitions:

Hydrobromic Acid

A strong acid formed by dissolving the diatomic molecule hydrogen bromide (HBr) in water.

Strong Acid

An acid that completely dissociates into its ions in water, releasing all of its hydrogen atoms as hydrogen ions.

Acidity

A measure of the ability of a solution to donate hydrogen ions (H+) and thereby lower its pH.