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please match the following terms on the screen to their right definitions? demonstrated in the images provided. h. The excess of actual overhead over 12.

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please match the following terms on the screen to their right definitions? demonstrated in the images provided.

image text in transcribed
h. The excess of actual overhead over 12. Applied overhead applied overhead in a period. 13. Overhead variance IOverhead assigned to a job or other cost object using an estimated overhead rate. 14. Under applied j. A system of accounting whereby actual direct overhead 15. Overapplied overhead labor and actual direct materials are charged to cost objects and manufacturing overhead i s 16. Actua L costing applied using a predetermined rate . K. S)'Itema that generally maaa=produce a single, 17. Jobs homogeneous output in a continuing process. An amount obtained by dividing total estimated overhead for the coming period by the total overhead allocation base for the coming period. Itis used for applying overhead to cost objects in normal costing systems. m. An accounting system that is used when identi- cal units are produced through an ongoing series of uniform production steps. Costs are assigned to each department and then allocated to units produced. . A hybrid-costing system _often used in manufac turing of goods that have some common characteristics plus some individual characteristics. 0. A basic record in accounting which initiates the entry of an activity in the accounting system. P. The difference between actual and applied over- Head. q A form used to obtain materials from a store- room. It is the source document for recording the transfer Of materials to production. MacBook Pro 80 F3 F5 F6 F7 DII DD F8. F9 F10 % & * 4 5 6 8 CO O

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