If a company applies overhead to jobs on the basis of a predetermined overhead rate, a credit balance in the manufacturing overhead account at the end of any period means that: *         A. more overhead cost has been charged to jobs than has been incurred during the period.       B. the amount of overhead cost charged to jobs is greater than the estimated cost for the period.       C. the amount of overhead cost charged to jobs is less than the estimated overhead cost for the period.       D. more overhead cost has been incurred during the period than has been charged to jobs.

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.