Canvas PULTO . Question 5 A Indicate each of following statement as true or false Job order costing divides the total cost of producing an identical or similar product produced in batches by the total number of units produced to obtain a per-unit cost. True Cost objects may be direct materials, direct labor or other manufacturing inputs. True Normal costing applied manufacturing overhead based on budgeted rate and actual quantity of allocation bases used. Oil refining companies primarily use processing costing to estimate costs. False True 4 pts 3 pts