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Match the Terms with the Definitions

Question 90

Multiple Choice

Match the terms with the definitions.
-The rate used to apply overhead based on production activity (direct labor hours, direct labor costs, or machine hours) used because of the difficulties of relating specific costs to specific jobs.


A) cost accounting system
B) daily time sheet
C) direct labor
D) underapplied overhead
E) factory overhead
F) predetermined overhead rate
G) Materials Inventory
H) finished goods ledger
I) indirect labor
J) job cost ledger

Correct Answer:

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