Overapplied manufacturing overhead exists when overhead assigned to work in process is
A)more than overhead incurred and there is a positive balance in Manufacturing Overhead at the end of a period.
B)less than overhead incurred and there is a positive balance in Manufacturing Overhead at the end of a period.
C)more than overhead incurred and there is a negative balance in Manufacturing Overhead at the end of a period.
D)less than overhead incurred and there is a negative balance in Manufacturing Overhead at the end of a period.

Question

Quizplus · Accepted Answer

The Answer of Overapplied manufacturing overhead exists when overhead assigned to work in process is
A)more than overhead incurred and there is a positive balance in Manufacturing Overhead at the end of a period.
B)less than overhead incurred and there is a positive balance in Manufacturing Overhead at the end of a period.
C)more than overhead incurred and there is a negative balance in Manufacturing Overhead at the end of a period.
D)less than overhead incurred and there is a negative balance in Manufacturing Overhead at the end of a period.

Overapplied Manufacturing Overhead Exists When Overhead Assigned to Work in Process