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If a company uses a predetermined overhead rate to apply overhead cost to production, a debit balance in the Manufacturing Overhead account indicates that to
If a company uses a predetermined overhead rate to apply overhead cost to production, a debit balance in the Manufacturing Overhead account indicates that to date ...
A. more overhead cost has been applied to production than has actually been incurred.
B. more overhead cost has actually been incurred during the period than has been applied to production.
C. the amount of overhead cost applied is greater than the estimated overhead cost for the period.
D. the amount of overhead cost applied is less than the estimated overhead cost for the period.
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