9) A job order cost accounting system provides for a separate record of the T F

ID: 2514295 • Letter: 9

Question

cost of each particular quantity of product that passes through the factory.

10) The current year's advertising costs are normally considered period costs. T F

1) A process cost system would most likely be used by a company that makes

a. motion pictures.

b. repairs to automobiles.

c. breakfast cereal.

d. college graduation announcements.

2) An important feature of a job order cost system is that each job

a. must be similar to previous jobs completed.

b. has its own distinguishing characteristics.

c. must be completed before a new job is accepted.

d. consists of one unit of output.

9) TRUE

10) FALSE

1) c. Breakfast cereal

2) b. Has its owm distinguishing characteristics.

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