1. _____ is not a cost driver representing an ability to bear philosophy. a. Rev

1. _____ is not a cost driver representing an ability to bear philosophy. a. Revenue of each division b. Cost of goods sold by each division c. Total cost before central cost allocation in later division d. Usage2. _____ is least likely to be a cost driver as a basis for applying overhead costs. a. Direct-labor cost b. Indirect labor hours c. Machine hours d. Production setups3. The excess of actual overhead over the overhead applied to products is called _____. a. over applied overhead b. under applied overhead c. overestimated overhead d. prorated overhead4. _____ is (are) used for external reporting. a. Absorption costing b. Variable costing c. Direct costing d. Absorption costing and variable costing