46. When MOH has been overallocated, it means that (not enough OR too much) MOH was assigned to jobs during the period. As a result, jobs were (undercosted OR overcosted). Assuming most of the jobs (account name) produced during the period have been sold, should be (increased or decreased) to adjust for this error. 47. What will companies do if the amount of over- or underallocation is fairly large and some of the jobs are still in WIP or FG inventory? Part VI- What journal entries are needed in a manufacturer's job costing system? (LO 6) 48. When making journal entries, asset and expense accounts are increased through a and decreased through a ; revenues and liabilities. are increased through a and decreased through a 49. When raw materials are purchased on account, and (accounts) should both be (increased OR decreased) by making the following journal entry (use an "x" to signify the dollar amount): 50. When materials are requisitioned and sent to the factory for use on a specific job, (account) should be increased and (account) should be decreased by making the following journal entry (use an "x" to signify the dollar amount): 51. Whenever a cost is added to a job cost record, a corresponding debit must be made to which account? Why? 52. When materials are requisitioned for general factory use rather than for a specific job, then (account) should be increased and (account) should be decreased by making the following journal entry (use an "x" to signify the dollar amount):