In an actual cost system, it is difficult to determine the _____ per unit.

Group of answer choices

A. overhead

B. direct labor

C. direct materials

D. none of these are easy to determine

To purchase materials on account, the entry would be:

Group of answer choices

A. Debit Finished Goods 2,000; Credit Materials 2,000

B. Debit Materials 2,000; Credit WIP 2,000

C. Debit AP 2,000; Credit Sales 2,000

D. Debit Materials 2,000; Credit AP 2,000

Applied overhead costs are charged to ________________.

Group of answer choices

A. Wages payable

B. Materials

C. Finished goods

D. Work in process

The difference between actual overhead and applied overhead is called a (n) _________________.

Group of answer choices

A. cost of goods sold

B. fixed overhead

C. variable overhead

D. overhead variance

In ___________ costs are accumulated by department.

Group of answer choices

A. process costing

B. activity-based cosing

C. direct costing

D. variable costing