AC505 Chap 3 Hmwk Solutions - Chapter3...

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Chapter 3 Systems Design: Job-Order Costing Exercise 3-1  (10 minutes) a. Process costing g. Job-order costing b. Job-order costing h. Process costing* c. Process costing i. Job-order costing d. Process costing j. Process costing* e. Process costing k. Job-order costing f. Job-order costing l. Job-order costing *  Some of the listed companies might use either a process costing  or a job-order costing system, depending on the nature of their  operations and how homogeneous the final product is. For  example, a chemical manufacturer would typically operate with a  process costing system, but a job-order costing system might be  used if products are manufactured in relatively small batches. The  same thing might be true of the tire manufacturing plant in item j. Exercise 3-3  (10 minutes) The predetermined overhead rate is computed as follows: Estimated total manufacturing overhead. ........... $134,000
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This note was uploaded on 03/26/2012 for the course AC505 AC505 taught by Professor Dillan during the Spring '10 term at Keller Graduate School of Management.

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AC505 Chap 3 Hmwk Solutions - Chapter3...

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