one or two sentences for each question 1-10

Chapter 19 Job Order Costing947 Discussion Questions l. a. Name two principal types of cost accounting 6. What is the difference between a cloo time ticket? prdetermined factory overhead rate can be used in job order cost accounting to b. which system provides for a separate record of tr7 Discuss how the each particular quantity of product that passes through the factory? assist management in pricing jobs. a predetermined factory overhead rate c. Which system accumulates the costs for each8. a. How is 2 What kind of firm would use a job order cost bName three common bases used i 3, Which account is used in the job order cost system o9. a What is (1) overapplied factory calculated? department or process within the factory? the rate. overhead and to accumulate direct materials, direct labor, and factory overhead applied to production costs for individual jobs? (2) underapplied factory overhead? b. If the factory overhead account has a debit What document is the source for (a) debiting the accounts in the materials ledger and (b) crediting the accounts in the materials ledger? balance, was factory overhead underapplied or overapplied? 23 10. Describe how a job order cost system can be used 5. What is a job cost sheet? for professional service businesses