Question

If the Manufacturing Overhead account has a debit balance at the end of a period, it means that actual overhead costs were a.greater than overhead costs applied to jobs. b.actual overhead costs were less than overhead costs applied to jobs. c.actual overhead costs were equal to overhead costs applied to jobs.d. no jobs have been completed.

Answer 1

If the Manufacturing Overhead account has a debit balance at the end of a period, it means that :-

actual overhead costs were greater than overhead costs applied to jobs.