overhead incurred during the period is known as: A. Adjusted overhead 15. The amount by which the overhead applied to jobs during a period exceeds the B. Estimated overhead. C. Predetermined overhead D. Under-applied overhead E. Over-applied overhead. 16. Which of the following would be considered factory overhead using a job order cost system? A. Direct materials B. Direct labor C. Depreciation on factory buildings D. Sales person's salary E. None of the above 17. A department began the period with 4,000 units that were one-half complete with respect to conversion costs. It completed 29,000 units, and ended with 3,000 units that were three-quarters complete with respect to direct labor. What are the conversion for the period using the weighted-average method? A. 29,000 B. 26,750. C. 31,250. D. 28,000. E. 30,000. 18. Costs that are incurred as part of the manufacturing process, but are not clearly traceable to the specific unit of product or batches of product, are called A. Period costs. B. Factory overhead. C. Variable costs. D. Operating expenses. E. Fixed costs. o, To compute an equivalen unt f prodaction, one must be able to zeasonably estimate: A. The percentage of completion. B. Units completed. C. Units started and completed D. Direct labor cost. E. Materials cost