Chapter 16

Which of the following are the two main types of cost accounting systems for manufacturing operations?

Which of the following would most likely use a job order costing system?

Which of the following would be most likely to use process costing?

Which of the following systems provides for a separate record of the cost of each particular quantity of product that passes through the factory?

For which of the following businesses would the process cost system be appropriate?

Which of the following products would be manufactured using a job order costing system?

Which of the following costs are not included in finished goods inventory?

Which of the following would record the labor costs to an individual job?

Which of the following is a product cost?

The document authorizing the issuance of materials from the storeroom is a

The source document for the data for debiting Work in Process for direct materials is a

In a job order cost accounting system, when goods that have been ordered are received, the receiving department personnel count, inspect the goods, and complete a

The amount of time spent by an employee on an individual job are recorded on

The basis for recording direct and indirect labor costs incurred is a summary of the period's

The details concerning the costs incurred on each job order are accumulated in a work in process account and supported by a

The materials requisition serves as the source document for debiting the accounts in the materials ledger.

Materials are transferred from the storeroom to the factory in response to materials requisitions.

The document that serves as the basis for recording direct labor on a job cost sheet is the clock card.

The document that serves as the basis for recording direct labor on a job cost sheet is the time ticket.

Depreciation expense on factory equipment is part of factory overhead cost.