Dexter Corporation Uses a Standard Cost System and Applies Manufacturing

question 52

Multiple Choice

Dexter Corporation uses a standard cost system and applies manufacturing overhead cost to units of product on the basis of standard direct labor-hours (DLHs) .Information on Dexter Corporation's manufacturing overhead costs for last period is given below: Given these data,the underapplied or overapplied overhead cost for the period would be:

• A)$10,000 overapplied
• B)$2,000 overapplied
• C)$10,000 underapplied
• D)$8,000 underapplied

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Definitions:

Young-old

A term used to describe individuals typically in their 60s and 70s who are considered to be in the early stage of old age but are often healthy and active.

Fastest-growing Age Group

The demographic segment experiencing the most rapid increase in population size over a given period.

Sleep

A naturally recurring state of mind and body characterized by altered consciousness, reduced sensory activity, and inhibited voluntary muscle activity.

Awaken

To emerge from sleep or to become conscious of something.