Chapter 19 and 20 study guide

Chapter 19 and 20 study guide - STUDY GUIDE - CHAPTER 19 &...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 19 Job order costing process costing materials requisition receiving report materials ledger work in process inventory Activity Based Costing What are the 2 types of accounting systems for manufacturing? What are some examples of companies/industries who use process costing? Job order costing? Flow of manufacturing cost- (RM-WIP-FG-COGS) Examples of factory overhead costs Importance/usefulness of job cost sheets What would be an activity base for developing factory overhead rates in highly automated settings? labor intensive setting?: Understand the difference in period cost and product costs Service industry - what will job cost sheet consist of? When a job is completed in a service organization, the job costs are transferred to what account? Factory overhead is applied to jobs in a job order cost system using a _________
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/20/2011 for the course ACT ACT 2292 taught by Professor Amyhulsey during the Fall '09 term at Troy.

Page1 / 2

Chapter 19 and 20 study guide - STUDY GUIDE - CHAPTER 19 &...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online