Accounting 202 - Chapter 3.1 Review Test Quiz
There are two different types of cost systems. These systems help a manufacturing company to know which products are profitable to make and those that are not. These costing systems are beneficial as they increase the profitability of a business. Take up the quiz below to see what more you can recall on the topic.
Job cost record
Process costing
Labor time record
Job costing
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Job cost record
Bill of materials
Labor time record
Production schedule
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Raw materials records
Bill of materials
Materials requisition
Labor time record
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Labor time record
Materials inventory requisition form
Job cost record
Bill of materials
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Job costing
Process costing
Either job or process
Both job and process
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Job costing
Process costing
Either job or process
Both job and process
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Cost of goods sold
Finished goods inventory
Raw materials inventory
Work in process inventory
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Cost of goods sold
Finished goods inventory
Raw materials inventory
Work in process inventory
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Cost of goods sold
Finished goods inventory
Manufacturing overhead
Work in process inventory.
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Receiving report
Bill of materials
Materials requisition
Purchase order
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