Accounting 404 Quiz 4

7 May 2023
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question
using the predetermined overhead rate
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Assigning indirect costs to specific jobs is completed by which of the following?
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The costs are easily traced to a specific product.
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Which of the following product situations is better suited to job order costing than to process costing?
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job cost sheet
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Which document lists the total direct labor used in a specific job?
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direct labor
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Which of the following is a prime cost?
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direct labor hours
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The activity base for service industries is most likely to be
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each individual product
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During production, to what are the costs in job order costing applied?
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work in process inventory
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In a job order cost system, overhead applied is debited to which account?
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an accounting firm specializing in tax returns
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A job order costing system is most likely used by which of the following?
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manufacturing overhead
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In a job order costing system, which account shows the overhead used by the company?
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raw materials inventory
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In a job order cost system, raw materials purchased are debited to which account?
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materials requisition form
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Which document lists the inventory that will be removed from the raw materials inventory?