Questions:
1. Palm uses a "time ticket" for some employees. What is the difference between a clock card and a time ticket?
2. What events cause debits to be recorded in the Factory Overhead account? What events cause credits to be recorded in the Factory Overhead account?
3. Nokia applies overhead to product costs. What account(s) is(are) used to eliminate over applied or under applied overhead from the Factory Overhead account, assuming the amount is not material?