This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a difference between job order costing and process costing systems? (Read 178 times)

zl00505

  • Full Member
  • ***
  • Posts: 146
on: Feb 5, 2023
Which of the following is a difference between job order costing and process costing systems?
◦ Companies that use a job order costing system assign manufacturing overhead as part of the cost of production, while companies that use a process costing system omit manufacturing overhead in product cost.
◦ Companies that use a process costing system mass-produce identical products, while companies that use a job order costing system produce many different types of products.
◦ Companies that use a process costing system accumulate direct material and manufacturing overhead, but not direct labor while companies that use a job order costing system accumulate direct material, direct labor, and manufacturing overhead.
◦ Companies that use a process costing system accumulate product costs throughout the production process, while companies that use a job order costing system accumulate product costs only at the end of the production process.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by zl00505 on Feb 5, 2023

dsd1212

  • Full Member
  • ***
  • Posts: 176
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


zl00505

  • Member
  • Posts: 146
Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Cross functional Process Flow Diagram Cross functional Process Flow Diagram
An example of an EHR screen used to order a laboratory test. An example of an EHR screen used to order a laboratory test.
Six-Step Process for Goal-Oriented Planning Six-Step Process for Goal-Oriented Planning
What's the Difference Between England, Great Britain, and United Kingdom? What's the Difference Between England, Great Britain, and United Kingdom?
Higher-Order Conditioning Higher-Order Conditioning
Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ... Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ...
Video: T cell receptors

For a complete list of videos, visit our video library