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arpylzr75 arpylzr75
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Match the following terms to the appropriate statement by placing the letter to the left of each statement.

a.Application basef.Overhead application
b.Cost of goods manufacturedg.Predetermined overhead rate
c.Factory burdenh.Period costs
d.Job order sheeti.Product costs
e.Overapplied overheadj.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
Textbook 

Managerial Accounting


Edition: 4th
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DNA_HelicaseDNA_Helicase
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More solutions for this book are available here
1.c — Factory burden
2.i — Product costs
3.j — Work in Process
4.f — Overhead application
5.b — Cost of Goods Manufactured
6.a — Application base
7.g — Predetermined overhead rate
8.e — Overapplied overhead
9.d — Job order sheet
10.h — Period cost


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