ACC 561 Week 3 Assignment Practice Quiz.pdf
Which of these best reflects a distinguishing factor between a job order cost system
and a process cost system?
The time period each covers.
The number of work in process accounts.
The manufacturing cost elements included.
The detail at which costs are calculated.
Multiple Choice Question 47
In process cost accounting, manufacturing costs are summarized on a
manufacturing cost sheet.
process order cost sheet.
job order cost sheet.
production cost report.
Multiple Choice Question 49
In a process cost system, product costs are summarized:
on job cost sheets.
on production cost reports.
when the products are sold.
after each unit is produced.
Multiple Choice Question 136
Which of the following is considered a difference between a job order cost and a
process cost system?