If the Manufacturing Overhead has a positive balance at the end of a period it means that
A)actual overhead costs were less than overhead costs applied to jobs.
B)actual overhead costs were greater than overhead costs applied to jobs.
C)actual overhead costs were equal to overhead costs applied to jobs.
D)no jobs have been completed.

Question

Quizplus · Accepted Answer

If Manufacturing Overhead has a positive balance, it means that actual overhead costs were greater than overhead costs applied to jobs. This could be due to various reasons such as higher than anticipated utility bills, unexpected repairs, or underestimation of indirect costs.

If the Manufacturing Overhead Has a Positive Balance at the End