XR5Q/viewform 18) Define the major areas of Cost Classification Your answer 36) Pass the Journal entry to record the SALE of FINISHED GOODS Your answer 11). Overhead costs tend to fluctuate with changes in the volume of units produced from period to period. True False 28) In FUNCTION form of classification, we will have the category of Manufacturing and Non Manufacturing costs True Dalse 42) The labour cost is 30,000, material cost is 40,000 and overheads is 60,000. The total hours is 3,000. What is the overhead rate? Your answer 20) What 2 items go in a T account or a Clearing Account Fixed and variable cost Revenue and cost Actual and Applied (estimated) cost Material and labour cost