1) The Factory Overhead account in a job costing system is credited for the:
a. Excess of applied overhead over actual overhead
b. Actual overhead
c. Applied overhead
d. Indirect materials and indirect labor
2) A company's telephone bill consisting of a $200 monthly base amount, plus long distance charges, would be classified as a:
a. Variable cost
b. Committed fixed cost
c. Discretionary fixed cost
d. Mixed cost
3) Of the following manufacturing operations, which is best suited to the utilization of a job order system?
a. Helicopter manufacturing
b. Soft drink bottling operation
c. Crude oil refining
d. Plastic molding operation