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

Author Question: Which of the following is not a similarity between job order costing and process costing systems? (Read 60 times)

lrhoads

  • Full Member
  • ***
  • Posts: 158
on: Feb 5, 2023
Which of the following is not a similarity between job order costing and process costing systems?
◦ Both accumulate direct materials, direct labor, and manufacturing overhead costs.
◦ Both systems track cost flows from Raw Materials to Work in Process, from Work in Process to Finished Goods, and from Finished Goods to Cost of Goods Sold.
◦ Both transfer the cost of the inventory to Cost of Goods Sold when the production process is completed.
◦ Both accumulate product costs throughout the production process and assign those costs to individual units of production.
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 lrhoads on Feb 5, 2023

Kevin5!

  • Full Member
  • ***
  • Posts: 188
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


lrhoads

  • Member
  • Posts: 158
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Interrelationships of the integumentary system with other body systems Interrelationships of the integumentary system with other body systems
Major Wind Systems: Katabatic Winds Major Wind Systems: Katabatic Winds
Systems of the Human Body Systems of the Human Body
Somatic Nervous Systems Somatic Nervous Systems
First-order sensory neuron with encapsulated nerve endings First-order sensory neuron with encapsulated nerve endings
The Process of Sperm Formation The Process of Sperm Formation
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library