Match the Terms with the Definitions

question 87

Multiple Choice

Match the terms with the definitions.
-The difference between the overhead applied and the actual overhead cost incurred if the amount of applied overhead is less than actual overhead cost incurred.

• A)cost accounting system
• B)daily time sheet
• C)direct labor
• D)underapplied overhead
• E)factory overhead
• F)predetermined overhead rate
• G)Materials Inventory
• H)finished goods ledger
• I)indirect labor
• J)job cost ledger