1. BUSINESS HIGH SCHOOL-ACCOUNTING II
Under-applied Factory Overhead
Closing Factory
Overhead
Accounts
Job Order
Cost
Accounting
Chapter 22
Over-applied Factory Overhead
Source Documents
Job Order Time Card
Job Cost Sheets
Materials Requisition Form
Content Vocabulary:
Cost Accounting System
Over-applied Factory Overhead
Under-applied Factory Overhead
Accounting II Essential Learning Expectations-Chapter 22:
The three source documents used in a job order cost accounting system are the job cost sheet, the materials requisition form, and the job order time card.
Factory overhead costs may be over-applied or under-applied at the end of the fiscal period.