34.) Refer to the T-account below o,900 30. 000 The ending balance of $8,000 represents which of the following? A) Underapplied overhead B) Manufacturing overhead that will be carried to the next period C) Overapplied overhead D) A bookkeeping error ts are correct when referring to process costing except: has the same basic purposes as a job-order costing system correct 35.) All of the following statements who makes customer jewelry to order A) Process costing would be appropriate for a jeweler B) A process costing system C) Units produced are indistinguishable from each other D) Costs are accumulated by department 36.) A process costing system is employed in those situations where: A) many different products, jobs, or batches of production are being produced each period B) where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis C) a service is perfomed such as in a law firm or an accounting firm D) full or absorption cost approach is not employed