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13) Gold's total incurred manufacturing overhead for the period was A) $30,000 B) $24,000 C) $20,500 D) $27,000 14) Gold's advertising and sales commission costs

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13) Gold's total incurred manufacturing overhead for the period was A) $30,000 B) $24,000 C) $20,500 D) $27,000 14) Gold's advertising and sales commission costs A) Are added to the Work In Process inventory B) Are not used to calculate the cost of goods manufactured C) Are added to finished goods inventory D) Are used for manufacturing overhead 15) Had Gold applied $29,500 of manufacturing overhead using an allocation rate to production they would have: A) $1,000 underapplication B) $500 overapplication C) $500 underapplication D) $3,000 underapplication 16) Gold would use an allocation rate to apply manufacturing overhead to production A) To monitor sales costs B) To monitor administrative costs C) To monitor the cost of manufacturing a product unit D) To keep the cost accountants busy

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