Multiple Choice
Match each of the following phrases with the term (a-g) that it most closely describes.
-A subsidiary ledger that maintains a separate account for each type of material
A) Job order cost system
B) Process cost system
C) Activity-based costing
D) Underapplied overhead
E) Overapplied overhead
F) Finished goods ledger
G) Materials ledger
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Match the costs that follow to the
Q18: Cavy Company estimates that total factory overhead
Q19: On November 14, the Milling Department accepted
Q20: At the end of the fiscal year,
Q21: Match each of the following phrases with
Q23: The journal entry to record the transfer
Q24: Each document in the cost ledger is
Q25: Cavy Company accumulated 560 hours of direct
Q26: Activity-based costing is a method of accumulating
Q27: When a job is completed in a