Listed next are several terms. Complete the following statements with one of these terms.
You may use a term more than once, and some terms may not be used at all.

a. The process of assigning direct costs to cost objects is called ______________.
b. The local hospital would use a _______ system.
c. A paint manufacturer would use a _______ system.
d. A _______ is manufacturing personnel€™s request that materials be moved to the production floor.
e. Companies that produce small qualities of many different products would use
_____________.
f. The process of assigning indirect costs to cost objects is called _____________.
g. A _______ is the primary factor that causes costs.
h. To record costs of maintaining thousands of identical mortgage files, lending companies would use a _______ system.
i. Companies that produce large numbers of identical products use _______ systems for product costing.
j. The direct materials, direct labour, and manufacturing overhead associated with an indi-
vidual job are accumulated on a _______.

Transcribed Image Text:

Materials requisition Job cost record Cost allocation Job cost record Job costing Process costing Cost driver