16. Which of the following is A. Raw materials, finished go B. Raw materials, work in pr C. Work in process, finishe D. Cost of goods sold ang is the correct flow of manufacturing costs? ned goods, cost of goods sold, work in processo in process, finished goods, cost of goods sold. inished goods, raw materials. cost of goods sold. as sold, raw materials, work in process, finished goods. 17. The entry to record dire ion in a job order costing system is: B. Debit Work in Process, C. Debit Factory Overhead, A. Debit Finished Goods credit Wages Payable. record direct labor costs into production in a job order costing system Work in Process, credit Wases Payable actory Overhead, credit Work in Process. D, Debit Factory Overhead credit Wages Payable. 18. Factory overhead is applied to A. True. B. False. "y overhead is applied to production using a predetermined overhead rate. e amount of factory overhead cost applied exceeds the actual amount, the factory overhead account will have a A. Debit balance and be under-applied B. Debit balance and be over-applied C. Credit balance and be under-applied D. Credit balance and be over-applied. 20. At the end of the fiscal year, the balance in Factory Overhead is small. This balance would normally be: A. Transferred to Finished Goods. B. Transferred to Work in Process. C. Transferred to Cost of Merchandise Sold. D. Allocated between Work in Process and Cost of Merchandise Sold. 21. Which of the following would be most likely to use process costing? A. A law firm B. An auto body repair shop. C. A custom furniture manufacturer. A lawn fertilizer manufacturer. 2 Process manufacturers typically use large machines to process a continuous flow of raw materials into a finished product. A. True. B. False. the costs of direct materials. direct labor factory overhead 23 In process cost accounting, the costs of direct materials die are charged to: A. Customer accounts receivable. B. Service departments. C. Processing departments. D. Job order cost sheets