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T/F: A job costing system is a cost system designed to accumulate the manufacturing costs of...

T/F: A job costing system is a cost system designed to accumulate the manufacturing costs of producing unique jobs, such as building a house or a navel air craft carrier, but would not include producing a batch of several identical units of product, such as 100 chairs in a furniture factory

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Answer #1

Answer:

FALSE

Explanation:

Job costing refers to the costing used when the production is comprised of special orders from customers.

Job costing includes costing of a special batch as well.

It also includes production of single batches of product such as 100 chairs in furniture.

So, the above statement given is false.

Hence, Job costing includes producing unique jobs and producing a batch of several identical units of product as well.

In case of any doubt or clarification, feel free to come back via comments.

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