The cost of materials entering directly into the manufacturing process is classified as factory overhead cost.

	a.	True
	b.	False

Indirect labor would be included in factory overhead.

	a.	True
	b.	False

Depreciation expense on factory equipment is part of factory overhead cost.

	a.	True
	b.	False

Direct labor cost is an example of a period cost.

	a.	True
	b.	False

Custom-made goods would be accounted for using a process costing system.

	a.	True
	b.	False

In a process costing system, a separate work in process inventory account is maintained for each customers job.

	a.	True
	b.	False