Match Each Definition with the Correct Word Part

question 32

Multiple Choice

Match each definition with the correct word part.
-Hyper-

• A)Rapid
• B)Between
• C)Bad, difficult, painful, abnormal
• D)Slow
• E)Healthy, normal
• F)Excessive, above
• G)Deficient, below, under
• H)Inflammation
• I)Out
• J)In, not
• K)Near, beside, abnormal
• L)Narrowing

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Definitions:

Underapplied Overhead

The situation where the allocated manufacturing overhead costs are less than the actual overhead costs incurred, leading to undercosted products.

Predetermined Overhead Rate

A calculation used in cost accounting to allocate overhead costs to products or job orders based on a set formula before the period begins.

Direct Labour-hours

The total number of labor hours spent directly on the production of goods or services.

Job-order Costing

A costing method used to track costs to individual jobs or batches, assigning direct costs and allocating indirect costs to each job.