
09052024
Authored by Siqi Fan
Other
University
Used 3+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Job order costing would be used for all of the following except:
Production of custom wedding invitations.
Production of standard running shoes.
Production of a Pixar movie.
Conducting an audit.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A company makes bikes from recycled metal. For a recent job lot of 200 bikes, the company incurred direct materials costs of $6,000 and direct labor costs of $2,000. Factory overhead applied to this job is $9,000. What is the total manufacturing cost of this job lot?
$8,000
$9,000.
$15,000.
$17,000.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The two basic types of cost accounting systems are:
Job order costing and process costing.
Job order costing and perpetual costing.
Job order costing and periodic costing.
Job order costing and customized service costing.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A company makes bikes from recycled metal. For a recent job lot of 200 bikes, the company incurred direct materials costs of $6,000 and direct labor costs of $2,000. Factory overhead applied to this job is $9,000. What is the cost per bike?
$85
$75.
$55.
$70.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Information about which of the following items is not covered on a job cost sheet?
The direct materials costs assigned to the job.
The overhead costs assigned to the job.
General and administrative expenses.
The name of the customer.
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