Top Posters
Since Sunday
g
1
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
coleshear coleshear
wrote...
Go to Answer
Posts: 151
Rep: 0 0
2 years ago
Which of the following is a difference between job order costing and process costing systems?

▸ Companies that use a job order costing system assign manufacturing overhead as part of the cost of production, while companies that use a process costing system omit manufacturing overhead in product cost.

▸ Companies that use a process costing system mass-produce identical products, while companies that use a job order costing system produce many different types of products.

▸ Companies that use a process costing system accumulate direct material and manufacturing overhead, but not direct labor while companies that use a job order costing system accumulate direct material, direct labor, and manufacturing overhead.

▸ 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.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 83 times
1 Reply
Replies
Answer verified by a subject expert
ksweetksweet
wrote...
#1
Posts: 127
Rep: 1 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

coleshear Author
wrote...

2 years ago
Thanks
terriroberts96
wrote...

Yesterday
Helped a lot
loki1345
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  327 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 377
  
 244
  
 300
Your Opinion
Which is the best fuel for late night cramming?
Votes: 512
Previous poll results: Do you believe in global warming?