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 113 times)

jrobl3

  • Full Member
  • ***
  • Posts: 167
on: Feb 5, 2023
Which of the following is a difference between job order costing and process costing systems?
◦ 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.
◦ Companies that use a process costing system accumulate direct material and direct labor, and omit manufacturing overhead, while companies that use a job order costing system accumulate direct material, direct labor, and manufacturing overhead.
◦ A process costing system is appropriate for a winery, while a job order costing system is appropriate for a brewery.
◦ Companies that use a process costing system accumulate product costs on a departmental production report, while companies that use a job order costing system accumulate product costs on the job cost sheet.
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 jrobl3 on Feb 5, 2023

xinyifff

  • Full Member
  • ***
  • Posts: 159
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


jrobl3

  • Member
  • Posts: 167
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Successful agriculturalists must have a basic understanding of landscape structure and process. Thes Successful agriculturalists must have a basic understanding of landscape structure and process. Thes
Nursing process Nursing process
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Cross functional Process Flow Diagram Cross functional Process Flow Diagram
EHR systems enable providers to view patient records across organizations. EHR systems enable providers to view patient records across organizations.
Determining the order and rate constant of an irreversible first-order reaction Determining the order and rate constant of an irreversible first-order reaction
Video: Rena arc construction

For a complete list of videos, visit our video library