Question: Ch 2. Question 1. What is underapplied overhead? Overapplied overhead? What disposition is made of these amounts at the end of the period? Ch 3.

Ch 2. Question 1. What is underapplied overhead? Overapplied overhead? What disposition is made of these amounts at the end of the period?

Ch 3. Question 2. Provide two reasons why overhead might be underapplied in a given year.

Ch 9. Question 3. What is a flexible budget and how does it differ from a static planning budget?

Use business writing, provide examples, and include visuals to enhance your explanation. At least 5 sentences per question.

Please only original answers. Do not plagiarize. Thank you!

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