23) In a job-order costing system, the amount of overhead cost that has been applied to a job 23)_ that remains incomplete at the end of a period: A) is closed to Cost of Goods Sold. B) is part of the ending balance of the work i Process inventory account. is deducted on te lncome Statement as overapplied overhead D) is transferred to Finished Goods at the end of the period. 24) Overapplied manufacturing overhead means that: 24) A) the applied manufacturing overhead cost was greater than the actual manufacturing overhead cost. overhead cost. the estimated manufacturing overhead cost was less than the applied manufacturing B) the applied manufacturing overhead cost was less than the actual manufacturing overhead cost. D) the estimated manufacturing overhead cost was less than the actual manufacturing overhead cost. 25 25) A good description of "cost of goods manufactured" is the recorded cost of the: A) units completed during the period. B) work done this period on units completed this period. C) work done on all units during the period. D) units started and completed during the period. 26) 26) The job cost sheet: A) summarizes all costs charged to a particular job. B) is discarded after production is completed on a particular job. C) is useful only in process costing. D) contains only direct costs such as direct materials and direct labor. 27) What document is used to determine the actual amount of direct materials to record on a job cost sheet? A) materials purchase order C) materials requisition form B) bill of materials D) production order