13. Which of the following entries inctudes the initial reconding of direcet production? a. Work in Process Inventory Work in Process Inventory Salary Expense Wages Payable Manufacturing Overhead Wages Payable Wages Payable Work in Process Inventory b. c. d. 14. If a company uses a process costing system to account for costs in its five production departments, how many Work in Process Inventory accounts will it use? b, d. none of the above In a process costing system, unit cost is computed a. b. c. d. 15. on the basis of productive output for a period of time for each job worked on for direct materials costs only only for the last production process Why are equivalent units of production used in processing costing? 16. To determine the total of overhead costs To determine the number of units in work in process and finished goods inventories To determine the costs per unit for materials and conversion costs To determine the length of the process a. b. c. d. A job order costing system measures product costs a. using process cost reports b. in several work in process inventory accounts c. with regard to the process that created the cost d. using job order cost sheets 17. Applied overhead of a company exceeds actual overhead when the a. factory overhead account has a credit balance b. journal entry to account for the difference involves a debit to Cost of 18. Goods Sold c. factory overhead account has a debit balance d. company has overspent in the overhead cost area