COTB MC Qu. 3-21 (Static) Overapplied or underapplied ove 26 Overapplied or underapplied overhead is computed: 8 00:43:21 Multiple Choice References at the beginning of the period. all throughout the period. O at the end of the period. Mc GO Dron 26 of 20 COTB MC Qu. 3-23 (Static) If a company has overapplied... 28 If a company has overapplied overhead, then the journal entry to dispose of it could possibly include: 8 00:42:56 Multiple Choice References a debit to Cost of Goods Sold o credit to Manufacturing Overhead, a credit to Cost of Goods Sold. COTB MC Qu. 3-22 (Static) In normal costing, overhead is applied... 27 In normal costing, overhead is applied to production using: 2 00:43:11 Multiple Choice References O a predetermined overhead rate. an actual overhead rate the estimated amount of the allocation base used by all jobs during the period