Throughout the accounting period, the credit side of the Manufacturing Overhead account is used to accumulate:
A) actual manufacturing overhead costs.
B) overhead applied to Work-in-Process Inventory.
C) overapplied overhead.
D) underapplied overhead.
E) predetermined overhead.

Question

Quizplus · Accepted Answer

The credit side of the Manufacturing Overhead account is used to accumulate overhead applied to Work-in-Process Inventory, reflecting the allocation of estimated overhead costs to production.

Throughout the Accounting Period, the Credit Side of the Manufacturing