Which of the following statement is false about job-order costing? Multiple Choice O Direct materials and direct labor cannot be directly traced to jobs. O Manufacturing overhead cannot be traced directly to jobs, so it is assigned using a predetermined overhead allocation rate. In a job order costing system, a company's product costs flow through three inventory accounts: raw materials inventory, work-in-process inventory, and finished goods inventory. Job-order costing is to keep a separate cost record for each individual