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. ________ is used by companies that produce large numbers of identical units through a series of uniform production steps or processes.
b. The ________ is used to track and accumulate all of the costs for an individual job.
c. General Mills produces Cheerios cereal; it would use a ________ system to determine product cost.
d. ________ is used by companies that produce unique services and products.
e. Raw materials are stored in a storeroom until a ________ is received requesting the transfer of materials to the production area.
f. ________ is the assignment of direct costs to specific jobs.
g. Indirect costs cannot be traced to specific products, so they are divided up using a process called ________.
h. An aircraft carrier builder would use a ________ system to determine product cost.
i. A ________ is any activity that causes a cost to beincurred.

Cost allocation Cost drive Job costing Cost tracing Job cost record Materials requisition Process costing