Exhibit 4-2 -Refer to Exhibit 4-2. Using the Graph and Beginning on and Beginning

question 41

Multiple Choice

Exhibit 4-2
-Refer to Exhibit 4-2. Using the graph and beginning on D₁, a shift to D₂ would indicate a(n) :

• A)​increase in demand.
• B)​decrease in demand.
• C)​increase in quantity demanded.
• D)​decrease in quantity demanded.

---

Definitions:

Debit Balance

A financial condition where the total debits in an account exceed the total credits, often indicating amounts owed.

Credit Balance

The amount residing in a financial account that indicates credit or the sum payable to a party, opposite of a debit balance.

Underapplied

Refers to the situation where the allocated manufacturing overhead cost is less than the actual manufacturing overhead cost incurred.

Overapplied

This term typically relates to overhead costs in manufacturing, where the allocated amount exceeds the actual incurred costs.