Malcolm Company Uses a Predetermined Overhead Rate Based on Direct

question 58

Multiple Choice

Malcolm Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The cost records for September will show:

• A)Overapplied manufacturing overhead of $1,500
• B)Underapplied overhead of $1,500
• C)Overapplied manufacturing overhead of $3,500
• D)Underapplied overhead of $3,500

---

Definitions:

Permanent

Lasting or intended to last or remain unchanged indefinitely.

Portion

A part of a whole, especially a specific amount of food allocated to serve as a single serving or component of a meal.

Levels-Of-Processing Model

The memory model that describes maintenance rehearsal as “shallow” processing and elaborative rehearsal as “deep” processing.

Deep Processing

A method of learning in which information is analyzed in a meaningful way, leading to better recall than through shallow processing.