Question 5 4 pts Which of the following would be used to record indirect labor cost? Manufacturing overhead would be debited O Work in process would be debited O Raw materials would be debited O Manufacturing overhead would be credited Question 6 4 pts Which of the following is NOT a characteristic of process costing? Mass production in standardized processes. Costs are traced to specific units Costs are traced to production processes rather than products. O Products are homogenous. Question 7 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 O Estimated manufacturing overhead cost / estimated units in the allocation base Estimated units in the allocation base / estimated manufacturing overhead cost Question 8 4 pts If a manufacturing company acquires raw materials, to what account is the cost of raw materials purchased debited? O Purchases O Raw Materials Inventory Raw Materials Purchases Work in Process