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

Author Question: Which of the following most accurately describes the contrast between process and job costing? (Read 168 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Mar 6, 2021

Question 1

Which of the following is the costing system used for mass produced like or similar units of products?
◦ inventory-costing systems
◦ job-costing systems
◦ process-costing systems
◦ weighted-average costing systems

Question 2

Which of the following most accurately describes the contrast between process and job costing?
◦ In process costing, they include all the factors of production but job costing includes only materials and labor
◦ job costing includes materials, labor and overhead while process costing only considers conversion costs
◦ the main difference is the extent of averaging used to compute the unit costs
◦ job costing measures the variable cost of identical jobs while process costing measures the cost of identical products using average units costs of materials and conversion costs, some of which are fixed costs
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rl on Mar 6, 2021

Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Mar 6, 2021
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


rl

  • Member
  • Posts: 579
Reply 2 on: Mar 6, 2021
Gracias!

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Ochem molecule contrast chart Ochem molecule contrast chart
Coronoid process Coronoid process
Color mixtures of reflected pigment—subtractive process Color mixtures of reflected pigment—subtractive process
Incineration Process Incineration Process
The political process is fraught with opportunities for opponents of climate legislation The political process is fraught with opportunities for opponents of climate legislation
Nitrogen dioxide decomposes at 300°C via a second-order process to produce nitrogen monoxide ... Nitrogen dioxide decomposes at 300°C via a second-order process to produce nitrogen monoxide ...
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library