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Question 24 and 25 are true and false questions. abor-hours b used as the allocation base in a job-order costing system, but overhead costs will

Question 24 and 25 are true and false questions. image text in transcribed
abor-hours b used as the allocation base in a job-order costing system, but overhead costs will tend to be undercosted are not caused by direct-labor hours, then jobs with high direct labor requirements relative 4) If direct t caused hw to jobs with low direct labor requirements 5a1 cost The use of a predetermined overhead rnate in a job-order cost system makes it possible to compute the MULTIPLE CHOICE Choose the one alte mative that best completes the statement or ans wers the question 26)Which of the folowing entries would correctly record the application of overhead cost? A) Work in Process xxX B) Manufacturing Overhead XxX C) Manufacturing Overhead XXX Manufacturing Overhead Accounts Payable Accounts Payable Work in Process D) Work in Process A) Option A B) Option B C)Option C D) Option D 27) What journal entry is made in a job-order costing system when $8,000 of materials are requisitioned for general factory use instead of for use in a particular job? A) B) Work in Process $8.000 Manufacturing Overhead $8,000 $8,000 $8,000 $8,000 Work in Process Raw Materials $8,000 C) Manufacturing Overhead $8,000 Work in Process D) Manufacturing Overhead $8,000 Raw Materials B) Option B A) Option A C) Option C D) Option D 28) Which of the folowing entries would record correctly the monthly salaries earmed by the top management of a manufacturing company? A) Manufacturing OverheadXXX Salaries and Wages Payable Salaries and Wages Payable Salaries and Wages Payable B) Salaries Expense xXX XxX C) Work in Process XxX D) Salaries and Wages Payable Xxx Salaries Expense xxX

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