Question 5 of 20 50 50 points which of the following

Question 5 of 20
5.0/ 5.0 Points
Which of the following is a result of cost distortion?
A. Over costing of all products
B. Under costing of all products
C. Accurate costing of all products
D. Over costing of some products and under costing of other products
Question 6 of 20
5.0/ 5.0 Points
Showboat Corporation had actual manufacturing overhead costs for the most recent year of
$29,500. Manufacturing overhead is allocated using a predetermined manufacturing overhead

rate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year,
Cabaret Corporation found it had over allocated manufacturing overhead by $1,250. How much
manufacturing overhead was allocated in total during the year?
Question 7 of 20
5.0/ 5.0 Points
A system that focuses on activities as the fundamental cost object and uses the costs for these
activities to compile indirect costs of goods and services is:
Question 8 of 20
5.0/ 5.0 Points
In job costing, the journal entry to record the use of direct materials on jobs is to debit work-in-
process inventory and credit:

D. wages payable.
Question 9 of 20
0.0/ 5.0 Points
If jobs have been under costed due to under allocation of manufacturing overhead, then cost of
goods sold (COGS) is too low and which of the following corrections must be made?
A. Decrease COGS for the amount of the under allocation
B. Increase COGS for double the amount of the under allocation
C. Decrease COGS for double the amount of the under allocation
D. Increase COGS for the amount of the under allocation