Overhead is overapplied if: a. The actual overhead rate is greater than the budgeted overhead rate. b.
Question:
Overhead is overapplied if: a. The actual overhead rate is greater than the budgeted overhead rate. b. The Manufacturing Overhead account has a credit balance at the end of the period. c. The actual overhead rate is greater than the rate used in prior periods. d. The overhead rate is material.
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