7.One reason indirect cost may be overapplied is because:

1. The actual allocation base quantity exceeds the budget quality
2. Budgeted indirect costs is less than actual indirect costs
3. Requisitioned direct material exceed budgeted material costs
4. The actual allocation base quantity is less than the budgeted quality.

8.For a Corporation, costs for the delivery of computer to the customers are:

A. Fixed costs and indirect product costs

B. Fixed costs and period costs

C. Manufacturing costs that cannot be conveniently traced to a product.

D. Variable costs and indirect product costs

E. Variable costs and period costs.