Match the terms below with their definitions.
1. | Job | a. | The expected selling price of a job minus its desired profit. |
2. | Job order production | b. | Production activities for a customized product. |
3. | Job lot | c. | A system that records manufacturing costs using a perpetual inventory system. |
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4. | Cost accounting system | d. | Production of products in response to customer orders. |
5. | Target cost | e. | Production of more than one unit of a custom product. |
6. | General accounting system | f. | A system that records manufacturing costs using a periodic inventory system. |
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