Biology Forums - Study Force

Match the following terms to the appropriate statement by placing the letter to the left of each statement.

a.

Application base

f.

Overhead application

b.

Cost of goods manufactured

g.

Predetermined overhead rate

c.

Factory burden

h.

Period costs

d.

Job order sheet

i.

Product costs

e.

Overapplied overhead

j.

Work in Process Inventory account

______

1

.Also referred to as overhead

______

2

.Also referred to as manufacturing costs

______

3

.Records the costs of all products that have been started but are not complete

______

4

.Dividing or allocating overhead to various jobs

______

5

.The cost of all products finished during the period, whether or not they were

​	started during the period

______

6

.Some measure of activity that is related to the products being made

______

7

.Based on an application base and the budgeted manufacturing overhead

costs

______

8

.Results in a credit balance in the Manufacturing Overhead Control account

______

9

.Accumulates and summarizes all the costs incurred during each job

______

10

.Associated with the selling of products and the administration of the

business

Content hidden