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For each of the following statements, determine if manufacturing overhead was: A) Underallocated B) Overallocated Put the correct letter on the line in front of

For each of the following statements, determine if manufacturing overhead was: A) Underallocated

B) Overallocated

Put the correct letter on the line in front of each statement.

________ To adjust the over/under allocated overhead, cost of goods sold should be increased ________ Actual manufacturing overhead is less than allocated manufacturing overhead ________ To adjust the over/under allocated overhead, cost of goods sold should be decreased ________ Actual manufacturing overhead is more than allocated manufacturing overhead

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