for RubyCbaMba
Question 1
1. When applying overhead to products in an activity-based costing system:
a. |
Cash or a liability is debited and Manufacturing Overhead is credited. |
|
b. |
Manufacturing Overhead is debited and Cash or a liability is credited. |
|
c. |
Manufacturing Overhead is debited and Work In Process is credited. |
|
d. |
Work In Process is debited and Manufacturing Overhead is credited |