Match Each of the Following Phrases with the Term (A-G)

question 21

Multiple Choice

Match each of the following phrases with the term (a-g) that it most closely describes.
-Applied overhead is less than actual overhead incurred

• A)Job order cost system
• B)Process cost system
• C)Activity-based costing
• D)Underapplied overhead
• E)Overapplied overhead
• F)Finished goods ledger
• G)Materials ledger