Which terms will make the following statement true?
When manufacturing overhead is overapplied, the Manufacturing Overhead Control account has a ________ balance and applied manufacturing overhead is greater than ________ manufacturing overhead.
A) debit, actual
B) credit, actual
C) debit, estimated
D) credit, estimated

Question

Quizplus · Accepted Answer

When manufacturing overhead is overapplied, it means that the applied overhead costs are greater than the actual overhead costs incurred, resulting in a credit balance in the Manufacturing Overhead Control account.

Which Terms Will Make the Following Statement True