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    Cornerstones of Cost Management Study Set 1
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    Exam 5: Product and Service Costing: Job-Order System
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    If There Is a Debit Balance in Overhead Control, That
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If There Is a Debit Balance in Overhead Control, That

Question 129

Question 129

Multiple Choice

If there is a debit balance in overhead control, that implies


A) applied overhead exceeds actual overhead.
B) actual overhead costs exceed overhead applied.
C) actual overhead has not been closed to cost of goods sold.
D) none of the above.

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