3–10 What is underapplied overhead? Overapplied overhead? What disposition is made of these…

3–10    What is underapplied overhead? Overapplied overhead? What disposition is made of these amounts at the end of the period?

3–11    Provide two reasons why overhead might be underapplied in a given year.

3–12    What adjustment is made for underapplied overhead on the schedule of cost of goods sold? What adjustment is made for overapplied overhead?

            

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