12. Ajax Company accumulated the following account information for the year: Beginning raw materials inventory Indirect materials cost Indrect labor cost Maintenance of factory equipment Direct labor cost $6,000 2,000 5,000 2,800 7,000 Using the above information, total factory overhead costs would be: A. $ 9,800. B. $16,800. C. $15,800. D. $13,000. E. S 7,800. 13. Which of the following represents the correct formula for calculating cost of goods manufactured? A. Direct materials used + direct labor + factory overhead + beginning work-in-process B. Direct materials used + direct labor +factory overhead+ beginning work-in-process C. Direct materials used + direct labor + factory overhead - beginning work-in-process D. Direct materials used + direct labor + factory overhead - beginning work-in-process E. Direct materials used + direct labor factory overhead + beginning work-in-process + ending work-in-process ending work-in-process. + ending work-in-process. ending work-in-process. -ending work-in-process. 14. Raw materials that physically become part of the product and can be traced to specific units or batches of product are called: A. Raw materials sold. B. Chargeable materials. C. Work-in-Process. D. Indirect materials. E. Direct materials. 15. The two basic types of cost accounting systems are: A. Job order costing and Perpetual costing. B. Job order costing and Customized Product costing. C. Job order costing and Customized Service costing. D. Job order costing and Process costing. E. None of the above