If a company applies overhead to production with a predetermined overhead rate, a zero balance in the Factory Overhead account at the end of the period means that: Select one: a. Actual overhead was equal to the overhead amount applied to production. b. The bookkeeper has made an error because the debits don't equal the credits. c. The overhead was underapplied for the period. d. Actual overhead incurred was less than the overhead amount applied to production. e. The balance will be carried forward to the next period as an overhead cost. XYZ Company uses a job costing system. The direct materials for Job Y were purchased in September and put into production in October. The job was completed by the end of October. At the end of October, in what account would the direct materials cost assigned to Job Y be located? of Select one: a. Raw Materials Inventory. b. Work-in-Process Inventory. c. Finished Goods Inventory. d. Cost of Goods Sold. e. None of the given is correct. Company XYZ hired Ali as an accounting clerk. The company agreed to pay Ali based on the number of hours he works. The salary of Ali can be classified as: Select one: a. A variable direct labor cost O b. A fixed manufacturing overhead cost c. A variable manufacturing overhead cost d. A variable selling and administrative cost e. A fixed selling and administrative cost