Question 1 2 pts A widely used activity base for developing factory overhead rates in highly automated settings is: O direct labor hours O direct labor dollars O direct materials O machine hours D Question 2 2 pts The basis for recording direct and indirect labor costs incurred is a summary of the O job order cost sheets O time tickets O employees' eamings records O clock cards Question 3 2 pts The finished goods account is the controlling account for the O cost ledger O materials ledger O work in process ledger O stock ledger Question 4 2 pts The recording of the factory labor incurred for general factory use would include a debit to: O Factory Overhead O Wages Payable OWages Expense O Cost of Goods Sold Question 5 2 pts Which of the following is the correct flow of manufacturing costs? O Raw materials, work in process, finished eoods, cost of goods sold O Raw materials, finished goods, cost of goods O Work in process, finished goods, raw O Cost of goods sold, raw materials, work in sold, work in process materials, cost of goods sold process, finished goods Question 6 2 pts In a job order cost accounting system, the entry to record the flow of direct materials into production is: O debit Work in Process, credit Materials O debit Materials, credit Work in Process O debit Factory Overhead, credit Materials O debit Work in Process, credit Supplies