Your answers are saved automatically. P Remaining Time: 58 minutes, 48 seconds. Question Completion Status: Save 4 Moving to the next question prevents changes to this answer. Question 1 Question 1 1 points The amount of overhead applied to jobs using a predetermined (budgeted) rate is rarely equal to the actual cost of overhead incu for a period. Which of the following is not a valid explanation for this? O Actual spending for overhead is not equal to budgeted spending for overhead. Actual use of the overhead allocation base is not equal to the budgeted use of the allocation base. O Budget estimates of overhead were unrealistically low. Direct costs were unexpectedly high Quest Moving to the next question prevents changes to this answer Holmes Institute/Shindent Login X Content C Ouestion 24 (2 points) The Prime X + > C holmes.blackboard.com/ultra/courses/_4930_1/d/outline Remaining Time: 13 minutes, 33 seconds. Question Completion Status: Click Submit to complete this assessment. Question 10 The flow of manufacturing costs through the system is O raw materials inventory: work in process inventory, finished goods inventory, cost of goods sold. O raw materials inventory; work in process inventory: cost of goods sold: finished goods inventory. work in process inventory: raw materials inventory, finished goods inventory, cost of goods sold. o raw materials inventory; finished goods inventory; work in process inventory, cost of goods sold. Click Submit to complete this assessment. eed! Works nline Cade..........biny www www.www.www. O E Type here to search hp