1. The flow of costs in job order costing:
   1. a. begins with work in process inventory and ends with finished goods inventory
   2. is necessary to prepare the cost of goods manufactured schedule
   3. parallels the physical flow of materials as they are converted into finished goods
   4. begins as soon as a sale occurs
2. If the manufacturing overhead account has a credit balance after overhead has been applied to products, manufacturing overhead:
   1. None of these
   2. has been applied incorrectly
   3. c. is underapplied
   4. is overapplied
   5. has been closed
3. Process costing is best described by which statement?
   1. None of these
   2. units produced in a process costing system are unique and are produced individually
   3. there cannot be any beginning or ending work in process inventory with process costing
   4. product costs are tracked by department and assigned to products passing through each department
   5. only direct materials