Overapplied manufacturing overhead would result if:

A. manufacturing overhead costs incurred were less than estimated manufacturing overhead costs.
B. manufacturing overhead costs incurred were greater than manufacturing overhead costs charged to production.
C. the plant was operated at less than normal capacity.
D. manufacturing overhead costs incurred were less than manufacturing overhead costs charged to production.


Answer: D

Business

You might also like to view...

Toppson Corp invested cash in a 9-month certificate of deposit (CD) on October 1, 2016 . If Toppson has an accounting period which ends on December 31, 2016, when would it most likely recognize interest revenue from the CD?

a. On December 31, 2016 only b. On July 1, 2017 only c. Both Dec. 31, 2016 and July 1, 2017 d. On October 1, 2016

Business

Over time the workforce will continue to change. How do you see the face of the workforce in 20 years? In what ways will continued diversity create competitive advantages for companies? Discuss based on the material in the textbook.

What will be an ideal response?

Business

All of the following are true except

A) A favorable labor efficiency variance could result from using higher quality materials that result in fewer inspections. B) A favorable labor rate variance could result from lower wage workers quitting. C) A favorable materials price variance could result from purchasing identical materials from another supplier at a lower price. D) An unfavorable materials usage variance could result from not efficiently utilizing raw materials, thus causing waste. E) All of these are true.

Business

The following information relates to Zync Corporation. Current assets                                   $200,000 Current liabilities                              $150,000 Long-term assets                              $600,000 Long-term liabilities                         $400,000 Based on this information, the net working capital of the company is:?

A. ?$200,000. B. ?$50,000. C. ?$350,000. D. ?$10,000,000. E. ?$600,000.

Business