Problem:
After posting all actual factory overhead and applying factory overhead to production departments in a process costing system,
A There will never be underapplied overhead.
B There will never be overapplied overhead.
C There will always be underapplied overhead.
D There will always be overapplied overhead.
E There may be over or underapplied overhead.
To compute an equivalent unit of production, one must be able to reasonably estimate:
A The percentage of completion.
B Units completed.
C Units started and completed.
D Direct labor cost.
E Materials cost.