Question #6 * 6. Inventoriable costs are expensed on the income statement A. when direct materials for the product are purchased. B. after the products are manufactured. C. when the products are sold. D. as products are still in process. Your answer Question #13 * 2 points 2 points 13. Which among the following is true concerning normal cost system? A. This system charged the work-in-process account for direct materials used, direct labor and manufacturing overhead at actual costs. B. This system is also called historical cost system. C. This system debits work-in-process for manufacturing overhead at pre-determined rate. D. The underapplied or overapplied overhead is irrelevant. Your answer Question #14* 2 points 14. In a job order cost system, the issue of indirect materials to a production department decreases A. Work-in-process account. B. Factory overhead applied. C. Factory overhead control account. D. Raw materials account. Your answer Question #15 * 15. The balance that may result after crediting work-in-process account for completed products and sent to the warehouse as finished goods is A. A zero. B. An ending work-in-process (credit balance). C. An ending work-in-process (debit balance). D. The total production costs to be accounted for. Your answer 2 points