ACCT 729 Ch 15.docx - ACCT 729 – Chapter 15 Concept Check...

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ACCT 729 – Chapter 15 Concept Check1.A cost accounting system includes which of the following?
2.True or false: The principle of customization is applicable to both service and manufacturing companies.
3.True or false: A job order costing system requires the company to keep separate records for each job.
4.Manufacturing of products in a repetitive manner is referred to as (process/job order) ______operationswhile manufacturing of custom products is referred to as (process/job order)___________ operations.
5.All of the following are manufacturing costsexcept:
6.A cost accounting system: (Check all that apply.)
7.Job order production is most likely used by companies that produce:
8.To determine the cost of producing each job or job lot, companies use a:
9.The correct cost flow in a job order costing system is:
10.Companies use job cost sheets to track the costs of:
11.The three types of manufacturing costs in a job order costing system include:
12.List the following documents in the order in which they are used when recordingdirectmaterials costs injob order cost accounting, with the first document on top.

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A Debit Factory Overhead

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