Which of the following is an example of an industry that would use a process costing system rather than a job costing system?
A) custom furniture
B) unique furniture accessories
C) paint
D) aircraft
Answer: C
What type of costing system would a manufacturer of luxury yachts use?
A) job costing
B) process costing
C) either job costing or process costing
D) both job costing and process costing
Answer: A
What type of businesses can use a job costing system?
A) service and manufacturing businesses
B) Service and merchandising businesses
C) manufacturing and merchandising businesses
D) Service, merchandising, and manufacturing businesses
Answer: D
