25. Which of the following products is least likely to be produced in a system? a) Compact disks b) Slacks for casual wear c) Baseball hats d) Calculators e) Custom cabinets 26. Which of the following characteristics applies to process costing but not to job order cost accounting? a) Use of a predetermined overhead rate. b) Identifiable units of production c) Equivalent units of production d) Determining cost of goods manufactured c) Use of a single Work in Process Inventory account. 27. After posting all actual factory overhead and applying factory overhead to production departments in a process costing system, a) There will never be underapplied overhead. b) There will never be overapplied overhead. c) There will always be underapplied overhead. d) There will always be overapplied overhead. e) There may be over or underapplied overhead. 28. To compute equivalent units of production, one must be able to reasonably estimate a) The percentage of completion. b) Units completed. c) Units started and completed. d) Direct labor cost. e) Materials cost