Prepared when materials that have been ordered are received and inspected serves as the basis for recording materials used Match each of the following phrases with the term (a-g) that it most closely describes. job order cost system process cost system activity-based costing underapplied overhead overapplied overhead finished goods ledger materials ledger a system that uses a different overhead rate for each activity a subsidiary ledger that maintains a separate account for each type of material applied overhead is more than actual overhead incurred typically used by companies that make custom products typically used by companies whose products are indistinguishable from each other