Solution:
Lumber mill would use a process costing because it produce identical products using standard processes. In other cases, job costing will be used because photography, helicopter manufacturing and home building is customized as per customer requirement.
Hence option d is correct.
QUESTION 22 Which of the following would use a process costing system? a. graduation photographer b.custom...
Which of the following companies would be the least likely to use a job order costing system? A. Before the Amplifier, Inc., a manufacturer of custom made acoustic guitars. B. Sweetwater, Inc., a manufacturer of mass-produced blueberry beverages. C. Rosie the Robot Company, a manufacturer of space age cleaning robots built to customer specifications. D. The Wright Flight Company, a manufacturer of custom built aircrafts. E. The Black Bear Trail, LLC, a builder specializing in one-of-a-kind residential Pacific Northwest cabins.
Question 14 4 pts Which of the following businesses is most likely to use a process costing system? O a custom furniture manufacturer O a legal service provider O a custom home building contractor a candy manufacturer
Job Costing Versus Process Costing. Indicate whether each of the firms listed in the following would use job costing or process costing. Dairy farm Builder of pools Candy bar producer Legal firm Upholstery repair shop Sports drink producer Toner cartridge producer Custom home builder
11. Depending on the product being manufactured, companies use either a process or job-order costing system. Please determine which type of costing system that the following companies would use: Process Job-Order a. Coca-Cola bottling soda b. A paper mill c. An advertising agency d. A paper clip manufacturer e. Boeing making a jet f. An auto repair shop
Match each business that follows to the type of costing system (a or b) it would typically use. Clear All Home construction Gasoline refinery Job order costing Flour mill Process costing Movie studio Paper manufacturer
Match each business that follows to the type of costing system (a or b) it would typically use. a. Job order costing b. Process costing 14. Movie studio 15. Gasoline refinery 16. Home construction 17. Paper manufacturer 18. Flour mill
3. Which of the following companies will use a process costing systems A) an oil refining company B) a manufacturer of ships C) a custom kitchen cabinet company D) an advertising firm
Which product costing system would be better for custom-order products? Company costing system = A Product costing system = B Overhead costing system = C Job costing system =D
A business that makes custom chairs would use what kind of costing system? Group of answer choices partial costing process costing job order costing custom design costing
Which type of cost system, process or job order, would be best suited for each of the following (Give reasons for your answers): TV assembler building contractor automobile repair shop paper manufacturer custom jewelry manufacturer?