11. A predetermined overhead rate is calculated by dividing:

estimated manufacturing overhead cost by actual total cost driver.

estimated total cost driver by estimated manufacturing overhead cost.

estimated manufacturing overhead cost by estimated total cost driver.

actual manufacturing overhead cost by estimated total cost driver.

12. When disposed of, underapplied manufacturing overhead will:

decrease Finished Goods.

increase Cost of Goods Sold.

increase Finished Goods.

decrease Cost of Goods Sold.

13. When disposed of, overapplied manufacturing overhead will:

increase Cost of Goods Sold.

decrease Finished Goods.

decrease Cost of Goods Sold.

increase Finished Goods.