Match Each Following Terms with Their Correct Description from the Items

question 33

Multiple Choice

Match each following terms with their correct description from the items listed below.* Each term may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Form filled out by each employee every day

• A)Job-order cost sheet
• B)Time ticket
• C)Materials requisition form

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Definitions:

Predetermined Overhead Rate

Predetermined overhead rate is calculated by dividing the estimated manufacturing overhead costs by an allocation base, used to apply overhead costs to products.

Machine-Hours

A measure of production time based on the number of hours a machine is operated.

Direct Labor-Hours

Summation of hours by employees directly contributing to manufacturing efforts.

Machining

A manufacturing process involving the cutting, shaping, or finishing of material, typically metal, using machine tools.