Match Definitions

job-order costing system

Process-costing system

overapplied overhead

plantwide overhead rate

predetermined overhead rate

job-order cost sheet

overhead variance

applied overhead

actual cost system

Time Ticket

materials requisition form

underapplied overhead

normal cost system

direct materials

manufacturing overhead

A.	The amount by which applied overhead exceeds actual overhead
B.	The job order number, or name, head this form.
C.	An approach that assigns actual costs of direct materials, direct labor, and overhead to products
D.	A costing system that accumulates production costs by process or by department for a given period of time
E.	Materials that can be easily and cost-effectively traced to a specific job
F.	An approach that assigns the actual costs of direct materials and direct labor to products but uses a predetermined rate to assign overhead costs
G.	Indirect materials, indirect labor, and other costs related to manufacturing that cannot be easily to traced to a specific job
H.	Overhead assigned to production using predetermined rates
I.	A single overhead rate calculated using all estimated overhead for a factory divided by the estimated activity level across the entire factory
J.	The amount by which actual overhead exceeds applied overhead
K.	An overhead rate computed using estimated data
L.	This form asks for the type, quantity, and unit price of direct materials.
M.	The difference between actual overhead and applied overhead
N.	This form is filled out by each employee every day.
O.	A costing system in which costs are collected and assigned to units of production for each individual job