Overapplied overhead means that:
A. the applied overhead cost was less than the actual overhead cost.
B. the applied overhead cost was greater than the actual overhead cost.
C. the estimated overhead cost was less than the actual overhead cost.
D. the estimated overhead cost was less than the applied overhead cost.
Answer:B
Overapplied overhead means that:
A. the applied overhead cost was less than the actual overhead cost. B. the applied overhead cost was greater than the actual overhead cost. C. the estimated overhead cost was less than the actual overhead cost. D. the estimated overhead cost was less than the applied overhead cost.