O cIn a process costing system, overhead can be underallocated or overallocated just as in the job-order costing d. In a process costing system, material costs are traced to units of products. QUESTION 2 When companies use automated production processes, they tend to condense the three manufacturing costs into two categories. These categories are O a direct and indirct materials. O b. direct costs and indirect materials OC indirect materials and conversion costs O d. direct materials and conversion costs QUESTION 3 Which of the following shows steps in the correct order from the five-step process costing procedure accurately? 0 a. Summarize the flow of physical units, compute the cost per equivalent unit and compute output in terms of equivalent units Save All Click Save and Submit to sove and submit. Click Save All Answers to sove all answers