Overapplied Manufacturing Overhead Exists When Overhead Assigned to Work in Process

Multiple Choice

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.