Question 1 1 pts Which of the following is a characteristic of a manufacturing environment that would use job-order costing? Differentiated products Standardized production process Continuous manufacturing Homogenous products Question 2 1 pts All the costs assigned to an individual job are summarized on a O job cost sheet labor time ticket materials requisition form cost driver sheet Question 3 1 pts A predetermined overhead rate is calculated using which formula? Estimated manufacturing overhead cost/actual units in the allocation base Actual manufacturing overhead cost / estimated units in the allocation base Estimated manufacturing overhead cost / estimated units in the allocation base O Estimated units in the allocation base / estimated manufacturing overhead cost Question 4 1 pts Overhead is applied to each job using which formula? Actual overhead rate x estimated value of the allocation base for the job Predetermined overhead rate/actual value of the allocation base for the job Predetermined overhead rate x estimated value of the allocation base for the job Predetermined overhead rate x actual value of the allocation base for the job