Solved > Learning Objective 4-2 1) Which of the following:1904516 …

Learning Objective 4-2

1) Which of the following is not a concern to a manager that utilizes the process-costing system?

A) Per-unit cost is average unit cost applied to similar product.

B) Allocates all of the product costs, including materials and labor.

C) The cost object is known as a unit or multiple units of a distinct product.

D) Cost object is masses of identical or similar units of a product or service.

E) To obtain per-unit cost, divide total product costs of identical products by total number or units produced.

2) In job-costing systems, the cost-object is a unit or multiple units of a distinct product or service called a:

A) job.

B) cost.

C) method.

D) process.

E) service.

3) Managers use job costing to cost multiple identical units of ________ products.

A) similar

B) unusual

C) identical

D) distinct

E) proprietary

4) Per-unit cost is the ________ unit cost.

A) one

B) only

C) simple

D) complex

E) average

5) In the service sector, an example of the job-costing method is movies produced by Universal Studios.

6) The process costing system is useful to managers when there are masses of identical or similar units of a product or service.

7) In the service sector, an example of an organization that uses the process-costing method is a bank that uses bank-check clearing systems.

8) In the merchandising sector, an example of an organization that utilizes job costing is a company that sends individual items by mail order.

9) In the manufacturing sector, the construction of ships at a company is an example of a company that utilizes job costing.

10) What are the differences of job-costing compared to process-costing systems? is an online academic writing platform that provides extensive assistance to graduate school students as they work through their research projects, papers and dissertations. gives students access to experienced professionals who can provide the help they need in a timely and efficient manner. The service offers a wide range of services, including editing, proofreading, formatting, researching and more that can give students the confidence they need to write the perfect paper or dissertation for their chosen subject matter.

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