Multiple Choice
If manufacturing overhead is underapplied, then:
A) actual manufacturing overhead cost is less than estimated manufacturing overhead cost.
B) the amount of manufacturing overhead cost applied to Work in Process is less than the actual manufacturing overhead cost incurred.
C) the predetermined overhead rate is too high.
D) the Manufacturing Overhead account will have a credit balance at the end of the year.
Correct Answer:

Verified
Correct Answer:
Verified
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