Sunday 4 November 2012

After posting all actual factory overhead and applying factory overhead to production departments in a process costing system: There will never be underapplied overhead. There may be over or underapplied overhead. There will never be overapplied overhead. There will always be overapplied overhead. There will always be underapplied overhead

 After posting all actual factory overhead and applying factory overhead to production departments in a process costing system:
  •     There will never be underapplied overhead.
  •     There may be over or underapplied overhead.
  •     There will never be overapplied overhead.
  •     There will always be overapplied overhead.
  •     There will always be underapplied overhead. 


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