Question: In a process cost system, manufacturing overhead: a. is assigned to finished goods at the end of each accounting period. b. is assigned to a

In a process cost system, manufacturing overhead:

a. is assigned to finished goods at the end of each accounting period.

b. is assigned to a work in process account for each job as the job is completed.

c. is assigned to a work in process account for each production department on the basis of a predetermined overhead rate.

d. is assigned to a work in process account for each production department as overhead costs are incurred.

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