32.

Companies assign manufacturing overhead to work in process on an estimated basis through the use of a(n)

assigned overhead rate.

predetermined overhead rate.

actual overhead rate.

estimated overhead rate.

31.

It is necessary to calculate equivalent units of production in a department because

a physical count of units is impossible.

at times a department may use a job order cost system and then switch to a process cost system.

some units worked on in the department are not fully complete.

the physical units in the department are always 100% complete.

30.When a job is completed and all costs have been accumulated on a job cost sheet, the journal entry that should be made is

Work In Process Inventory Direct Materials Direct Labor Manufacturing Overhead

Finished Goods Inventory Work In Process Inventory

Raw Materials Inventory Work In Process Inventory

Finished Goods Inventory Direct Materials Direct Labor Manufacturing Overhead