All questions is either true or false 1. When manufacturing overhead is applied, this is a credit to work in process. 2. A custom home builder would use a process cost system. 3. When direct materials are authorized to production, the source document is the job cost sheet. 4. Depreciation on factory plant and equipment is an example of manufacturing overhead cost. 5. When good are entered into production, this results in a debit to finished goods account. 6. ABC,Co. applies overhead at 150% of direct labor. During the period, Direct labor was $50,000, that would apply $100,000 overhead. 7. An example of an indirect materials cost would be glue used to in the manufacturing of dining tables 8. When goods are entered into production, this results in a debit to work in process. 9. A debit balance in manufacturing overhead indicates the account is over applied 10. When goods are sold, the amount is transferred from cost of goods sold to finished goods