applied overhead
Manufacturing overhead assigned to units of output. Often this is applied via a standard overhead rate. See the Explanation of Standard Costing.
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applied overhead
amount of overhead expenses that are charged in a cost accounting system to a production job or a department.
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applied overhead
the amount of overhead that has been assigned to work in process Inventory as a result of productive activity; credits for this amount are to an overhead account
job order cost sheet ...
Misapplied overhead: The difference between actual overhead incurred in a given period and overhead applied to cost objects during that period.
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Overapplied overhead is a credit balance in the Manufacturing overhead account that arises when the amount of overhead cost applied to Work in progress is greater than the amount of overhead cost actually incurred during a period.
Overdraft ...
OVERAPPLIED OVERHEAD
If the applied overhead exceeds the actual amount incurred, overhead is said to be overapplied. This is usually viewed as a favorable outcome, because less has been spent than anticipated for the level of achieved production.
Factory Overhead Budget (in accounting)
Overapplied Overhead (in accounting)
Subsidiary Ledger (in accounting)
Underapplied Overhead (in accounting) ...
This would be the situation where the applied overhead is exactly equal to the amount budgeted. The amount would be $11,000, which is 2,200 * $5.00. Or, it could be calculated using the flexible budget, as 2200*$3.00 + $4,400=$11,000.
 See also: Direct labor, Work in process, Expense, Costing system, Job
  
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