Over applied overhead is always material and should be treated accordingly.
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Q28: There are normally three inventory accounts in
Q29: Process costing assigns costs to cost pools
Q30: To calculate under or over applied overhead
Q31: When raw materials are purchased the raw
Q32: The assignment of overhead to individual jobs
Q34: The overhead control account records the actual
Q35: The cost pools used in process costing
Q36: In both actual and normal costing the
Q37: In normal costing overhead is allocated using
Q38: If the amount of over or under
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