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 163 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
Wow, this really help

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

nursing process nursing process
This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
If the pump is not running, check the wiring and current flow before going through the process of ... If the pump is not running, check the wiring and current flow before going through the process of ...
The Bergeron Process The Bergeron Process
The Effect of Temperature on delta G for a process or reactions The Effect of Temperature on delta G for a process or reactions
The political process is fraught with opportunities for opponents of climate legislation The political process is fraught with opportunities for opponents of climate legislation
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library