Question

1.A job-order costing process would be most applicable for a.natural gas processing. b.airplane manufacturing. c.fertilizer production....

1.A job-order costing process would be most applicable for

a.natural gas processing.

b.airplane manufacturing.

c.fertilizer production.

d.a food processing plant.

2.

Which of the following firms would make extensive use of a job-order costing?

a.canned foods

b.dental and medical services

c.petroleum

d.discount brokers

3.The _____ nature of services leads to a requirement of standardized system to handle repeat customers.

a.Intangible

b.Inseparable

c.Perishable

d.Heterogeneous

4.

Manufacturing overhead consists of all

a.manufacturing costs other than direct materials and direct labor.

b.manufacturing costs other than direct materials.

c.costs other than direct materials.

d.costs other than direct materials and direct labor.

Business   Accounting   
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Homework Answers

Answer #1

1.A job-order costing process would be most applicable for

Answer:- b.airplane manufacturing.

Reason:- Job costing is most applicable for customized or hetrogenious manufacturing.

2.Which of the following firms would make extensive use of a job-order costing?

Answer:-b.dental and medical services

Reason:- Job costing is most applicable for customized or hetrogenious manufacturing.

3.The _____ nature of services leads to a requirement of standardized system to handle repeat customers.

Answer:- c.Perishable

Reason:- Because services cannot be stored. Once rendered its done.

4.Manufacturing overhead consists of all

Answer:- a.manufacturing costs other than direct materials and direct labor.

Reasons:- Manufacturing costs (Also known as factory OH) are product costs thar are other than direct material and direct labour.

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