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Author Question: One reason indirect costs may be overapplied is because ________. A) the actual allocation base ... (Read 42 times)

stephzh

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on: Jul 5, 2018
One reason indirect costs may be overapplied is because ________.
 
  A) the actual allocation base quantity exceeds the budgeted quantity
  B) budgeted indirect costs exceed actual indirect costs
  C) requisitioned direct materials exceed budgeted material costs
  D) Both A and B are correct.

Question 2

Which of the following accounts is an owner's equity account?
 a. Cash
  b. Accounts Payable
  c. Prepaid Insurance
  d. Ross Morris, Capital


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JCABRERA33

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: B

Answer to Question 2

d


stephzh

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

parshano

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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