Job Order Costing Quiz

When does a firm use job order costing?

• When dealing with a homogeneous product

• When dealing with different products

• When dealing with oil

• When dealing with a service

What type of costing system does a firm dealing with oil use?

• Job order costing

• Variable costing

• Process costing

• Activity-based costing

What is the cost system used for a firm that manufactures playground equipment?

• Process costing

• Activity-based costing

• Variable costing

• Job order costing

What is the cost system used for a firm that deals with different products?

• Variable costing

• Activity-based costing

• Process costing

• Job order costing

What is the cost system used for a firm that deals with a homogeneous product?

• Process costing

• Activity-based costing

• Job order costing

• Variable costing

What is included in a job cost sheet for a specific job?

• Direct materials, indirect materials, direct labor

• Direct materials, manufacturing overhead, selling expenses

• Direct materials, direct labor, manufacturing overhead

• Direct labor, manufacturing overhead, selling expenses