
Module 2 :Job Costing Multiple Choice Questions
Quiz by Marlene De Sormeaux
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3 questions
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- Q1Which of the following is a similarity between job order costing and process costing?Costs are accumulated by departmentsBoth are used to collect the cost of productionBoth utilise the job cost sheetCosts are accumulated by individual jobs45s
- Q2The type of costing system would be MOST appropriate for a paint manufacturing company to calculate unit cost isJob Order CostingActivity Based CostingProcess CostingFull Costing45s
- Q3A service organisation would MOST likely use a predetermined overhead rate based onmachine hoursthe number of complaintsstandard material costdirect labour hours45s