Which terms will make the following statement true? When manufacturing overhead is overapplied,the Manufacturing Overhead account has a __________ balance and applied manufacturing overhead is greater than __________ manufacturing overhead.
A)debit,actual
B)credit,actual
C)debit,estimated
D)credit,estimated

Question

Quizplus · Accepted Answer

When manufacturing overhead is overapplied, it means that the actual manufacturing overhead incurred is less than the applied manufacturing overhead. Therefore, the Manufacturing Overhead account should have a credit balance, and this credit balance is greater than the actual manufacturing overhead.

Which Terms Will Make the Following Statement True? When Manufacturing