If at the End of the Year Manufacturing Overhead Has

Multiple Choice

If at the end of the year Manufacturing Overhead has been overapplied it means that

A) actual overhead costs were greater than the overhead assigned to jobs.
B) actual overhead costs were less than the overhead assigned to jobs.
C) overhead has not been applied to jobs still in process.
D) cost of goods will have to be increased by the amount of the overapplied overhead.