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Which of the following would most likely use a job order costing system?
a company that manufactures chlorine for swimming pools
a swimming pool installer
a paper mill
an oil refinery -
Which of the following is not a characteristic of a job order costing system?
It is best suited for industries that manufacture custom goods.
It accumulates cost for each department within the factory.
It provides a separate record for the cost of each quantity of product that passes through the factory.
It uses only one work in process account.
C.
Which of the following is the correct flow of manufacturing costs?
raw materials, work in process, finished goods, cost of goods sold
work in process, finished goods, raw materials, cost of goods sold
cost of goods sold, raw materials, work in process, finished goods
raw materials, finished goods, cost of goods sold, work in process
Answer:
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Which of the following would most likely use a job order costing system?
Answer:
swimming pool installer
Explanation
It is best method for swimming pool installer to use job order costing because it is particular job work when it complete the work is completed so for swimming pool installer job order costing will apply
B.
Which of the following is not a characteristic of a job order costing system?
Answer:.
It accumulates cost for each department within the factory.
Explanation
In job order costing the cost of particular department are taken and not all department of factory are taken so given sentence that it accumulates cost for each department within the factory is not a characteristic of a job order costing system
C.
Which of the following is the correct flow of manufacturing costs?
Answer:
raw materials, work in process, finished goods, cost of goods sold
