The Harold Company Forecasts That Total Overhead for the Current

question 12

Multiple Choice

The Harold Company forecasts that total overhead for the current year will be $12,000,000 and total machine hours will be 200,000 hours.However,the actual overhead is $4,000,000 and the actual machine hours are 100,000 hours.If the company uses a predetermined overhead rate based on machine hours for applying overhead,the overhead will be:

• A)overapplied by $2,000,000.
• B)underapplied by $2,000,000.
• C)overapplied by $4,000,000.
• D)underapplied by $4,000,000.

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Definitions:

Remote Desktop

A software or feature that allows a user to connect to and use a computer from a remote location as if they were physically present.

Ports

Interface points where connections can be made to a computer for input/output devices, serving as communication endpoints in network protocols.

Defragment

The process of reorganizing the files on a disk to occupy contiguous storage locations, aiming to increase the efficiency of data retrieval.

File Access

The permission or ability to read, write, modify, or delete a file or directory on a computing system.