Which company is least likely to use job-order costing?

1 anos atrás

Comentários: 0

Visualizações: 142

Updated on August 13, 2022

Answer


Answer 1
The answer is Option c.
Accounting firm is least likely to use a process costing system.

Answer 2
The answer is Option b.
The flow of costs through the accounts is same in both Job order costing system and Process Costing system.

Answer 3
The answer is Option b.
Conversion costs are direct labour plus manufacturing overhead.

Recommended textbooks for you

Managerial Accounting: The Cornerstone of Busines...

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Cengage Learning

Principles of Accounting Volume 2

Publisher:OpenStax College

College Accounting, Chapters 1-27

Publisher:Cengage Learning,

Financial And Managerial Accounting

Publisher:Cengage Learning,

Managerial Accounting

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:South-Western College Pub

Principles of Cost Accounting

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Cengage Learning

Managerial Accounting: The Cornerstone of Busines...

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Cengage Learning

Principles of Accounting Volume 2

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax College

College Accounting, Chapters 1-27

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:Cengage Learning,

Financial And Managerial Accounting

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:Cengage Learning,

Managerial Accounting

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:South-Western College Pub

Principles of Cost Accounting

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Cengage Learning

Postagens relacionadas

When negligence per se applies, the plaintiff is required to show that a reasonable person

When negligence per se applies, the plaintiff is required to show that a reasonable person

Can you think of a reason why this way of storing energy is not ideal for our solar power plant

Can you think of a reason why this way of storing energy is not ideal for our solar power plant

Primarily ______ states have several courts of appeal.

Primarily ______ states have several courts of appeal.

Which of the following best describes the competition in the u.s. online auction industry?

Which of the following best describes the competition in the u.s. online auction industry?

Which of the following best describes how the Single European Act increased international trade

Which of the following best describes how the Single European Act increased international trade

Compared to less resistant rocks rocks that are more resistant to weathering tend to form

Compared to less resistant rocks rocks that are more resistant to weathering tend to form

To a large extent which of the following is viewed as being synonymous with financial data

To a large extent which of the following is viewed as being synonymous with financial data

Space between the columns of the nave and the side walls of a church

Space between the columns of the nave and the side walls of a church

An action that changes the attributes but not the number of components (entities or items)

An action that changes the attributes but not the number of components (entities or items)

The due-on clause is triggered by any conveyance of equitable ownership of real estate such as

The due-on clause is triggered by any conveyance of equitable ownership of real estate such as