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QUESTION 7 In a job-order costing system, the subsidiary ledger for Finished Goods Inventory is comprised of O a job-order cost sheets for all ordered,

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QUESTION 7 In a job-order costing system, the subsidiary ledger for Finished Goods Inventory is comprised of O a job-order cost sheets for all ordered, uncompleted, and completed jobs O b job-order cost sheets for all completed jobs not yet sold O C all job-order cost sheets O d job-order cost sheets for all uncompleted jobs QUESTION 8 An activity-based costing system is developed in four steps A. Allocate indirect costs to the cost object B. Identify activities and estimate their total indirect costs C Identify the allocation base for each activity and estimate the total quantity of each allocation base D. Compte the predetermined overhead allocation rate for each activity a A B. C. D bB. C D A dB, A. C. D

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