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Question 22 (4 points) A normal job-order costing system is a system that uses: actual costs for direct materials and direct labor and applied costs
Question 22 (4 points) A normal job-order costing system is a system that uses: actual costs for direct materials and direct labor and applied costs for overhead. estimated costs for direct materials, direct labor, and overhead. actual costs for direct materials and estimated costs for direct labor and overhead. actual costs for direct materials and overhead, estimated costs for direct labor. Question 23 (4 points) Trust Company applies overhead based on direct labor hours. At the beginning of the year, Trust estimates overhead to be $600,000, machine hours to be 200,000, and direct labor hours to be 35,000. During February, Trust has 5,000 direct labor hours and 10,000 machine hours. What is the predetermined overhead rate? $3.00 $120.00 $6.53 $17.14 Which of the following businesses uses a process costing system? O An interior designing firm O A dental clinic A printing business An automobile manufacturing center
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