overapplied overhead costs definition
Assigning more manufacturing overhead to production than the amount that was actually incurred.
Assigning more manufacturing overhead to production than the amount that was actually incurred.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.