Which of the following statements regarding the two-stage cost location process is re) false? (A) I a company has three cost pools, then it should also have three different coloration bases (B) The selection of an appropriate cost allocation base is more important for single-stage cost allocation systems than for two stage cost allocation systems. O Both A and B are false O Only B is false Only A is false Neither A nor is false. Which of the following companies would most likely use job costing? O Paint producer Advertising agency O Breakfast cereal maker O Paper manufacturer Which of the following documents is used as the basis for posting to the direct labor section of the job cost sheet? O Purchase requisition O Purchase order Time card Receiving report Va company multiplies its actual overhead rate by the actual activity level of its allocation base, it is using O actual costing O O O standard costing budget costing normal costing