QUESTION 6 LCO:2 A process cost accounting system would best fit the needs of a company that makes: Custom homes O Cement Custom machinery Oil paintings QUESTION 7 LCO:3 The predetermined overhead rate is 80% of direct labor cost for Blue Mountains, Inc. During the month, $400,000 of factory labor costs are incurred of which $150,000 is indirect labor. Actual overhead incurred was $350,000. Goods-in-Process Inventory would be debited for overhead in the following amount: $350,000 $200,000 $250,000 $150,000