GB 519 RANK Let's Do This /gb519rank.com GB 519 RANK Let's Do This /gb519rank.com | Page 22

Debited to Cost of Goods sold.
Credited to Cost of Goods sold.
Debited to Cost of Good Manufactured.
None of the above.
Question 2. Question : Which one of the following is the
amount that actual factory
overhead exceeds the factory overhead applied?
Student Answer:
Factory overhead applied.
Actual factory overhead.
Overapplied overhead.
Allocated factory overhead.
Underapplied overhead.
Question 3. Question : The two main advantages of using
predetermined factory overhead
rates are to provide more accurate unit cost information and
to:
Student Answer: