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All questions have to do with cost accounting systems, more in particular, job order costing. Complete each of the following statements/Answer the following questions 17.

All questions have to do with cost accounting systems, more in particular, job order costing.

Complete each of the following statements/Answer the following questions

17. The subsidiary ledger that contains cost data for the units manufactured, units sold, and units on hand is 17. ____

18. The direct labor and overhead costs of a service business are accumulated in a 18. ____

19. If the actual factory overhead costs exceed the amount of factory overhead applied, the factory overhead account balance will be a (debit or credit) 19. ____

20. The factory overhead in Question 19 is said to be 20. ____

21. The source of the data for debiting Work in Process for direct materials is a 21. ____

22. The accounting document that is used to accumulate the costs for each clients job in a service business is a 22. ____

23. The controlling account for the cost ledger is 23. ____

24. The measure used to allocate overhead that reflects its consumption is called 24. ____

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