Which of the companies below would be most likely to not use job-order costing?a. A contract printerb. A custom boat builderc. A chemical manufacturerd. A specialty coffee roaster

The correct answer is:c. A chemical manufacturer Explanation:Job-Order Costing:This costing method…

Answered: Which of the companies below would be…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 2MC: A job order costing system is most likely used by which of the following? a pet food manufacturer a...

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Which of the following is true of job order cost systems? a.Job order cost systems provide product costs for each manufacturing department or process. b.Examples of companies that use job order cost systems would be oil refineries, paper producers, chemical processors, and food processors. c.Job order cost systems are not widely used. d.Job order cost systems are often used by companies that manufacture custom products for customers or batches of similar products.
For which of the following industries would job-order costing most likely not be appropriate? a. Small business printing. b. Cereal production. c. Home construction. d. Aircraft assembly.
Which method of determining product costs, job-order costing or process costing, would be more appropriate in each of the following situations?a. An Elmer’s glue factory.b. A textbook publisher such as McGraw-Hill.c. An Exxon oil refinery.d. A facility that makes Minute Maid frozen orange juice.e. A Scott paper mill.f. A custom home builder.g. A shop that customizes vans.h. A manufacturer of specialty chemicals.i. An auto repair shop.j. A Firestone tire manufacturing plant.k. An advertising agency.l. A law office.
Which of the following would be most likely to use job order costing? Group of answer choices A potato chips manufacturer A housing construction company An energy drink manufacturer A paint manufacturer
Which of the following would be more likely to use job-order costing rather than process costing? a.Furniture manufacturer b.Manufacturer of bricks c.Brewery d.Flour mill e.None of these
Which of the following businesses would most likely use a Job Order cost system (compared to a Process cost system). A swimming pool installer A paper mill A business that manufactures chlorine An oil refinery
Which of the following production operations would most likely to employ a job order costing system? a• Toy manufacturing b• Chocolate products c• Crude oil refinery d• Candy manufacturing e• None of the above
Job order costing would be well-suited for which of the following businesses? candy bar processing taxidermy pencil production rice farming
Ore
Which of the following would be more likely to use process costing rather than job-order costing? a.Architectural firm b.Building contractor c.Paint manufacturer d.Ship builder e.None of these
Which type of cost system, process or job order, would be best suited for each of the following: (A) TV assembler, (B) building contractor, (C) automobile repair shop, (D) paper manufacturer, (E) custom jewelry manufacturer? Give reasons for your answers.
Job-Order Costing versus Process Costing a. Auto manufacturing b. Dental services c. Auto repair d. Costume making Required: CONCEPTUAL CONNECTION For each of the given types of industries, give an example of a firm that would use job-order costing. Then, give an example of a firm that would use process costing.

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Which of the companies below would be most likely to not use job- order costing? a. A contract printer b. A custom boat builder c. A chemical manufacturer d. A specialty coffee roaster