Overhead is overapplied if: a. The actual overhead rate is greater than the budgeted overhead rate. b.

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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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Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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