In an actual job-order costing system, factory overhead is assigned to a job continuously during the production process.Group of answer choicesTrueFalse

In an actual job-order costing system, factory overhead is indeed assigned to a job continuously during the production process. This method involves applying overhead costs to jobs based on a predetermined overhead rate, which is typically calculated at the beginning of the accounting period. The overhead costs are allocated to each job as production occurs, rather than being assigned retroactively after the job is completed.

This real-time assignment allows companies to track the costs associated with each job more accurately and manage their resources effectively. It also helps in analyzing the profitability of individual jobs, making it a crucial aspect of job-order costing. Hence, the statement is True.