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The total manufacturing cost for a job includes the amount of applied overhead using the predetermined overhead rate. True or False True False The total

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The total manufacturing cost for a job includes the amount of applied overhead using the predetermined overhead rate. True or False True False The total amount of cost assigned to jobs that were completed during the year is the cost of goods sold. True or False True False Which of the following statements is correct? Multiple Choice Companies must choose to use either job order costing or process costing, there is no overlap between the two systems. O Companies always use job order costing unless it is prohibitively expensive. Companies always use process costing unless it is prohibitively expensive. Companies often provide products and services that have both common and unique characteristics, so they may use a blend of job order and process costing

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