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Which of the following is false about actual overhead while using normal costing? a. Actual overhead is recorded to the overhead control account during the
Which of the following is false about actual overhead while using normal costing? a. Actual overhead is recorded to the overhead control account during the period. b. If the actual overhead is greater than the applied overhead then the overhead is underapplied c Overhead variance is the difference between actual overhead and applied overhead d. It is divided into many smaller accounts such as indirect labor, supplies, etc. e. None of these Select one: Od e The following data apply to Stratford Ltd: Direct materials inventory, beginning of the year $5,500 Direct materials inventory, end of the year $3,000 Direct materials purchased during the year $45,000 Calculate the amount of direct materials used during the year Select one a. $36 500 Ob. $53 500 OC $42 500 Od $47 500
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