Chapter 16, Problem 3QS

Job-Order Costing versus Process Costing a. Hospital services b. Custom cabinet making c. Toy manufacturing d. Soft-drink bottling e. Airplane manufacturing (e.g., 767s) f. Personal computer assembly g. Furniture making (e.g., computer desks sold at discount stores) h. Custom furniture making i. Dental services j. Paper manufacturing k. Nut and bolt manufacturing l. Auto repair m. Architectural services n. Landscape design services o. Flashlight manufacturing Required: Identify each of these preceding types of businesses as using either job-order or process costing.

A job order costing system is most likely used by which of the following? a pet food manufacturer a paper manufacturing company an accounting firm specializing in tax returns a stereo manufacturing company

determine whether job costing or process costing would be more appropriate * A management consulting firm *. A cell phone battery manufacturer

Choose the most likely used costing system for the industries listed below. choose either process costing or job order costing A costing system used by a chemical manufacturer Drag answer here A costing system used by a tire manufacturer Drag answer here A costing system used by a food processing company Drag answer here A costing system used by an architectural firm Drag answer here A costing system used by a custom home builder Drag answer here A costing system used by a manufacturer of custom furniture

Which costing system should an accountant use when their company manufactures standard products for retail distribution and custom products for online customers? Job costing O Process costing for the retail line and job costing for the online products. O Process costing for the online products and job costing for the retail line. Process costing

Job order versus process costingWhich of the following industries would typically use job order costing, and which would typically use process costing?: Steel manufacturing Business consulting Web designer Computer chip manufacturing Candy making Designer Clothes manufacturing

For following products and services, indicate whether it is more likely produced in a processoperation (P) or a job order operation (J). Guitar picks

Which of the following businesses would most likely use a Job Order cost system (compared to a Process cost system). A swimming pool installer A paper mill A business that manufactures chlorine An oil refinery

For following products and services, indicate whether it is more likely produced in a processoperation (P) or in a job order operation (J). Lawn chairs