T2 Question 5 Which of the following statements is not correct concerning multiple overhead rate systems O. None of the venner Ot Indepartments that are relatively labor intensive their overhead costs should be applied to jobs barted on director hours rather than on machine hours Oc Acompany may choose to create a separate overhead rate for each of its production departments Od. A multiple overhead rolesystem is more complex than a system based on a single plantwide overhead O. A multiple overhead rate system is usually more accurate than a system based on a single planwide overhead rat 1.00 Question XYZ.company uses a predetermined over teatrite to apply manufacturing over head to jobs. The predetermined overhead rotels ned on taber cost is Dept. X and en chart. Are being of the year, the Corporation made the following estimates Directibor cost Manufacturing overhead Director hours Machine Tours Dept xl Dent OM 60.000 OMR 20.000 OMR 100.000 OMR 60,000 6.000 15.000 2.000 Wood Wattersined overhead rates would be used in Dept. X and Dept respectively 167OMR 4.00 No of the given awer 167 and OMR 0.67 2005 OMR 40 SOMRS.CO