Which of the following accurately describes a difference between job order and process costing systems?
A) In job order costing systems, overhead costs are treated as product costs, whereas in process costing systems, overhead costs are treated as period costs.
B) Job order costing systems do not assign costs to production, whereas process costing systems do.
C) In job order costing systems, costs are traced to a specific job order, whereas in process costing systems, costs are traced to work cells and then assigned to products manufactured.
D) In a job order costing system, selling costs are treated as period costs, whereas they are treated as product costs in a process costing system.
C
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Explain how emotions and moods are interrelated.
What will be an ideal response?
Which of the following is not considered in computing net cost of purchases?
A) Freight-out expenses B) Purchases C) Freight paid on purchased goods D) Purchases returns and allowances
The entry to record bank credit card sales of $2,000 plus tax of $100 and bank credit card expenses on sales of $100 would include all of the following except:
a. sales credit. b. accounts payable debit. c. sales tax payable credit. d. bank credit card expense debit.
The feature PERSONAL REFLECTIONS: BALANCING EMOTIONS AND INTELLECT IN THE CLASSROOM, is about
a. how difficult it is to teach when some students prefer intellectual discussions while others prefer emotional ones b. how difficult it was for the new teacher to learn how to be both intellectually and emotionally engaging at the same time c. how the teacher had to balance his intellectual desire to make more money with his emotional desire to remain a teacher d. how logical answers are often in conflict with emotional answers