When factory overhead control account has an ending debit balance, factory overhead was………………

Related MCQs

• When the amount of overhead absorbed is less than the amount of overhead incurred it is known as
• Certain overhead costs cannot be directly charged to a department or cost centres. The process of distribution of such overhead costs to various departments is called
• In an integrated accounting system the accounting entries for factory overhead absorbed would be :
• The per unit expense of the ……………portion factory overhead varies with the volume of production while………………..portion remains the same with volume.
• Under applied or over applied factory overhead should be
• Which of the following costs is not a factory overhead expense?
• The budget which commonly takes the form of budgeted profit and loss account and balance sheet is
• A contract account is a _______ account in nature.
• To control costs it is essential to keep control on: -
• When …………………….is used on the basis of budgeted overheads and the rate is applied to the actual base, the actual overhead expenses may be different from the charged overheads.