An accrued expense such as accrued wages shown by a credit balance in the payroll control account is best described as?

Question 11 options:

a)	Paid and currently matched with earnings of the period

b)	Not paid but charged to production and currently matched with earnings of the period

c)	Paid but not charged to production

d)

Not paid and not charged to production

Of the following regarding the predetermined overhead rate, which statement is true?

Question 18 options:

a)	Actual factory overhead divided by estimated direct labor hours equals a dollar amount per hour to apply to an actual direct labor hour correspponding base.

b)	Predetermined overhead is debited to factory overhead by department.

c)	If applied factory overhead is greater than actual factory overhead, then factory overhead is underapplied

d)	To charge factory overhead to production using a predetermined rate, the predetermined rate is multiplied times the actual corresponding base which is usually direct labor hours and debited to work in process

Scattergraph method determines which factory overhead cost first?

Question 33 options:

a)	Fixed costs

b)	Variable costs

c)	Variable rate per hour

d)

Total factory overhead costs

Underapplied factory overhead is demonstrated by what?

Question 36 options:

a)	Credit balance in the departmental factory overhead account

b)	Debit balance in the departmental factory overhead account

c)	When the overhead applied to the job or charged to work in process is more than the actual factory overhead for the month

d)	When estimated hours are used to multiply times the predetermined rate and work in process is debited