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ACC 561 Week 3 Assignment Practice Quiz.pdf

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manufacturing overhead.
the individual jobs worked on.
direct labor.

Multiple Choice Question 90
Manufacturing overhead is applied to each job
at the time when the overhead cost is incurred.
by means of a predetermined overhead rate.
only if the overhead costs can be directly traced to that job.
at the end of the year when actual costs are known.

Multiple Choice Question 38
A process cost accounting system is most appropriate when
individual products are custom made to the specification of customers.
a variety of different products are produced, each one requiring different types of
materials, labor, and overhead.
the focus of attention is on a particular job or order.
similar products are mass-produced.

Multiple Choice Question 43