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In 2012-2013, approximately how many federally sentenced offenders were supervised in the community?
Overapplied Overhead
A credit balance in the Manufacturing Overhead account that occurs when the amount of overhead cost applied to Work in Process is greater than the amount of overhead cost actually incurred during a period.
Underapplied Overhead
A debit balance in the Manufacturing Overhead account that occurs when the amount of overhead cost applied to Work in Process is less than the amount of overhead cost actually incurred during a period.
T-account
A visual representation of a ledger account that outlines the effects of transactions on an account, with debits on the left and credits on the right.
Overhead Cost Applied
The process of assigning estimated indirect costs to specific manufacturing jobs based on the predetermined overhead rate.
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