In job-order costing system Question 1 oWhat is correct about job-order system? Question 2 options: all day to day expenses related to manufacturing of product by the firm are treated as factory overheads and entered into factory overheads account a rough estimate is made regarding the amount of overheads, the work in progress inventory account is debited by this estimated figure of overheads and the factory overheads account is credited all indirect materials are transferred from raw materials inventory account directly to work in progress inventory account all of the above are correct. only a and b are correctptions: each product produced is considered a job costs are collected and assigned to a manufacturing stage or department job-cost sheet is an important part of the system all of the above are correct only a and c are correct about job-order costing system