32. A. The sales commission example of product cost incurred based on units of product sold during the month is an B. Period costs are incurred by purchasing merchandise or manufacturing finished goods Which of the above statements isare true? a) Both A and B b) Neither A nor B c) Only A d) Only B 33. Which of the following would most likely use a job order costing system? a) A paper mill. b) A swimming pool installer c) A company that manufactures chlorine for swimming pools d) An oil refinery 34. Which of the following costs are NOT included in finished goods inventory? a) Direct labor b) Factory overhead c) Company president's salary d) Direct Materials 35. If overhead applied is less than actual overbead incurred, it is a) Fully applied. b) Underapplied. c) Overapplied d) Expected c) Normal 36. A widely used activity base for developing manufacturing overhead rates in highly automated settings is a) Direct labor hours b) Direct labor dollars c) Direct materials. d) Machine hours 37. When a job is completed in a service organization, the job costs are transferred to the a) Work in process account b) Operating expenses on the Income Statement c) Finished goods account d) Direct materials inventory