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Question 21 Which would be an appropriate cost driver for the machining activity cost pool? Inspections Machine setups Purchase orders Machine hours Question 22 Which

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Question 21 Which would be an appropriate cost driver for the machining activity cost pool? Inspections Machine setups Purchase orders Machine hours Question 22 Which of the following statement is true Producer of special order furniture is more likely to use a job order costing system Process costing uses only one work in process inventory account In process costing, costs per equivalent unit is calculated using physical units produced Job-order costing system uses production cost reports to keep track of product costs incurred. Question 23 The costs that cannot be directly traced to products are direct materials direct labor overhead costs direct materials and direct labor

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