20 The rate established before the start of a period that uses estimated overhead costs and an estimated activity base such as estimated direct labot, and that is used to apply estimated overhead to jobs, is the 2. points Multiple Choice 8 02:23 Predetermined overhead rote Chargeable overhead rate. Overhead variance rate Estimated labor cost rate Miscellaneous overhead rate Which of the following statements regarding manufacturing costs is false? 00 Multiple Choice 2 points 8 02:39:27 Factory overhead includes all manufacturing costs that are not direct materials or direct labor O indirect labor relates to labor costs that can be cost-effectively traced to finished goods. O Indirect materials are materials used in manufacturing that cannot be cost-effectively traced to finished goods, O Factory overhead costs cannot be cost-effectively traced to finished goods Direct materials costs can be cost-effectively traced to finished goods