A Company Incurred More Manufacturing Overhead Costs Than the Amount

Multiple Choice

A company incurred more manufacturing overhead costs than the amount of overhead allocated to these jobs during the year.Which statement is true?

A) The company spent more money on overhead costs during the year than it should have.
B) The company should defer some of the overhead costs to the next accounting period.
C) Overhead is under applied.
D) Overhead is over-applied.