Solved

Assume the Following: Actual Overhead Costs Equalled Estimated Overhead

Question 98

Multiple Choice

Assume the following: Actual overhead costs equalled estimated overhead.Actual direct labour hours exceeded estimated direct labour hours used to calculate the predetermined overhead rate.If overhead is applied using the predetermined overhead rate,what will be the impact on the overhead?


A) overapplied
B) underapplied
C) $0
D) applied

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions