$2-4$ How is the unit product cost of a job calculated

$2-5$ Explain the four step process used to compute a predetermined overhead rate

$2-6$ What is the purpose of the job cost sheet in a job$-$order costing system

$2-7$ Explain why some production costs must be assigned to products through an allocation process

$2-8$ Why do companies use predetermined overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs

$2-9$ What factors should be considered in selecting an allocation base to be used in computing a predetermined overhead rate?

$2-10$ If a company fully allocates all of its overhead costs to jobs, does it guarantee the company will earn a profit for the period

$2-11$ Would you expect the amount of applied overhead for a period to equal the actual overhead costs of the period? Why or why not?

$2-12$ What is underapplied overhead? Overapplied overhead?

$2-13$ What is a plantwide overhead rate? Why are multiple overhead rates, rather than a plantwide overhead rate, used in some companies?