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M 2 - 3 ( Static ) Matching Terms in Job Order Costing [ LO 2 - 1 , 2 - 2 , 2 -
MStatic Matching Terms in Job Order Costing LO
Match each term on the left with the best definition on the right. Note: Not all definitions will be used.
Required:
a A detailed record of costs incurred to complete a specific job.
bA source document that shows how a worker spent time each week.
cAn accounting system used by companies to make standardized or homogeneous products or services.
dAn accounting system used by companies that offer customized or unique products or services.
eMajor inputs that can be directly and easily traced to a product, job, or service.
f Handson work that goes into producing a product, job, or service.
g Costs not easily traceable to producing a product, job, or service.
hThe amount of actual overhead is greater than the applied overhead.
iA form that lists the quantity of direct materials to be used in a job.
jIndirect costs that are allocated to each job.
kEstimated manufacturing overhead divided by estimated cost driver.
lA measure that causes or influences the incurrence of a cost.
mTotal cost divided by units produceds..
nThe amount of actual overhead is less than the applied overhead.
oActual direct materials plus actual direct labor plus applied manufacturing overhead.
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