Help plz Match each of the following terms with its correct definition:v job-order costing systemA. A single overhead rate calculated using all estimatedoverhead for a factory divided by the estimatedv Process-costing systemactivity level across the entire factoryv overapplied overheadB. A costing system that accumulates production costsby process or by department for a given period ofplantwide overhead ratetimepredetermined overhead rateC. An overhead rate computed using estimated datav job-order cost sheetD. Overhead assigned to production usingpredetermined ratesv overhead varianceE. Materials that can be easily and cost-effectivelytraced to a specific jobv applied overheadF. This form is filled out by each employee every day.v actual cost systemG. Indirect materials, indirect labor, and other costsrelated to manufacturing that cannot be easily totraced to a specific jobv Time Ticketv materials requisition formH. An approach that assigns actual costs of directmaterials, direct labor, and overhead to productsv underapplied overheadv normal cost sytemI. The difference between actual overhead and appliedoverheadv direct materialsJ. The amount by which actual overhead exceedsapplied overheadv manufacturing overheadK. A costing system in which costs are collected andassigned to units of production for each individualjobL. The amount by which applied overhead exceedsactual overheadM. The job order number, or name, head this form.N. An approach that assigns the actual costs of directmaterials and direct labor to products but uses apredetermined rate to assign overhead costsO. This form asks for the type, quantity, and unit priceof direct materials.

Job order costing is the costing method that determines the manufacturing overhead of each product.…

Match each of the following terms with its correct definition: v job-order costing system A. A single overhead rate calculated using all estimated overhead for a factory divided by the estimated activity level across the entire factory v Process-costing system B. A costing system that accumulates production costs by process or by department for a given period of v overapplied overhead time plantwide overhead rate