Chapter 19 – Fill in the Blanks
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In a manufacturing system the three cost elements which flow into work in process are ____________, ____________, and ____________.CorrectIncorrect
Items not easily traced to individual jobs like sandpaper, lubricants, and so on are considered to be ____________.CorrectIncorrect
The overhead application rate is computed by dividing ____________ factory overhead by the ____________ application base.CorrectIncorrect
After recording actual and applied overhead in the factory overhead account, a resulting debit balance would indicate ____________factory overhead.CorrectIncorrect
____________ are those costs that are easily traced to a job and are charged to individual jobs that are worked on during the accounting period.CorrectIncorrect