Question Details

Overhead costs are overapplied if the amount applied to Work in Process is 



1. Manufacturing overhead was estimated to be $200,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $215,000, and actual labor hours were 21,000. The amount debited to the Manufacturing Overhead account would be 
A. $200,000
B. $215,000
C. $210,000
D. $225,750
2. Manufacturing overhead was estimated to be $200,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $215,000, and actual labor hours were 21,000. The amount credited to the Manufacturing Overhead account would be 
A. $200,000
B. $215,000
C. $210,000
D. $225,750
 3. Overhead was estimated to be $250,000 for the year along with 20,000 direct labor hours. Actual overhead was $225,000, and actual direct labor hours were 19,000. The amount debited to the manufacturing overhead account would be 
A. $250,000
B. $225,000
C. $213,750
D. $237,500
4. Manufacturing overhead was estimated to be $250,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $225,000, and actual direct labor hours were 19,000. The amount credited to the Manufacturing Overhead account would be 
A. $250,000
B. $225,000
C. $213,750
D. $237,500
5. Overhead costs are overapplied if the amount applied to Work in Process is 
A. greater than estimated overhead.
B. less than estimated overhead.
C. greater than actual overhead incurred.
D. less than actual overhead incurred.



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