. Match each costing system characteristic to job order costing, process costing, or both. Used by companies...

.

Transcribed Image Text:

Match each costing system characteristic to job order costing, process costing, or both. Used by companies that manufacture identical items through a series of 1. uniform production steps or processes 2. Transfers costs from Work-in-Process Inventory to Finished Goods Inventory to Cost of Goods Sold 3. Used by companies that manufacture unique products or provide specialized services 4. Has multiple Work-in-Process Inventory accounts 5. Tracks direct materials, direct labor, and manufacturing overhead costs Match each costing system characteristic to job order costing, process costing, or both. Used by companies that manufacture identical items through a series of 1. uniform production steps or processes 2. Transfers costs from Work-in-Process Inventory to Finished Goods Inventory to Cost of Goods Sold 3. Used by companies that manufacture unique products or provide specialized services 4. Has multiple Work-in-Process Inventory accounts 5. Tracks direct materials, direct labor, and manufacturing overhead costs

Answer rating: 100% (QA)

Solution The answers ... View the full answer