Exercise 12-1A Matching products with appropriate costing systems LO 12-1 Requir
ID: 2535722 • Letter: E
Question
Exercise 12-1A Matching products with appropriate costing systems LO 12-1 Required Indicate which costing system (job-order, process, or hybrid) would be most appropriate for the type of product listed in the left-hand column. The first item is shown as an example. (If a product uses more than one type of costing system, select the appropriete combined item from the dropdown list on the right.) Type of Product a. Coffee table b. Plastic storage containers C. | TV set d. Ship e. Potato chips f. House g. Custom-made suit h. Van with custom features i. CPA review course j. Shirts k. Pots and pans I. Apartment building m. Automobile n. Hollywood movie 0. Airplane p. Personal computer with special features Process/Hybrid Type of Costing System Process rocess ocess Job-order rocess Job-order Job-order Job-order brid rocess ocess Job-order Job-order ocess Job-orderExplanation / Answer
COFFEE TABLE -------------------------------------------------------------------------------- JOB ORDER
PLASTIC STORAGE CONTAINERS UNIT COSTNG
TV SET PROCESS COSTING
SHIP CONTRACT COSTING
POTATO CHIPS PROCESS COSTING
HOUSE CONTRACT COSTING
CUSTOM MADE SUIT JOB ORDER COSTING
VAN WITH CUSTOM FEATURES JOB ORDER COSTING
CPA REVIEW COURSE UNIT COSTING
SHIRTS PROCESS COSTING
POTS AND PANS UNIT COSTING
APARTMENT BUILDING CONTRACT COSTING
AUTOMOBILE PROCESS COSTING
HOLLYWOOD MOVIE CONTRACT COSTING
AIRPLANE
PERSONAL COMPUTER WITH SPECIAL FEATURES JOB ORDER COSTING
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