CHAPTER 2Job Order CostingASSIGNMENT CLASSIFICATION
TABLELearning Objeti!es "#estionsBrie$E%erises &o It'
E%erisesAProb(e)s1. Describe cost systems and the flow of costs in
a job order system.1, 2, 3, 4, 5, 6, 7, 81, 2 1 1, 2, 3, 4, 6, 7,
8, 9, 111, 2, 3, 52. !se a job cost sheet to assi"n costs to wor#
in $rocess.9, 1%, 11, 12 3, 4, 5 2 1, 2, 3, 6, 7, 8, 1%, 121, 2, 3,
53. Demonstrate how to determine and &se the $redetermined
o'erhead rate.13, 14, 15 6, 7 3 2, 3, 5, 6, 7, 8, 11, 12, 131, 2,
3, 4, 54. (re$are entries for man&fact&rin" and ser'ice
jobs com$leted and sold.16 8, 9 4 2, 3, 6, 7, 8, 1%, 11, 121, 2, 3,
55. Distin"&ish between &nder) and o'era$$lied
man&fact&rin" o'erhead.17, 18 1% 5 4, 5, 9, 13 1, 2, 3, 4,
5 *You can buy complete chapters by:Www.TestbankU.comContact Us:
[email protected] CHARACTERISTICS TABLEProb(e)N#)ber
&esri*tion&i$$i#(t+Le!e(Ti)eA((otted ,)in-.1 (re$are
entries in a job order cost system and job cost sheets.*im$le 3%4%2
(re$are entries in a job order cost system and $artial income
statement.+oderate 3%4%3 (re$are entries in a job order cost system
and cost of "oods man&fact&red sched&le.*im$le 3%4%4
,om$&te $redetermined o'erhead rates, a$$ly o'erhead, and
calc&late &nder) or o'era$$lied o'erhead.*im$le 2%3%5
naly-e man&fact&rin" acco&nts and determine missin"
amo&nts.,om$le. 3%4%
*You can buy complete chapters by:Www.TestbankU.comContact Us:
[email protected]/S TA0ONOM1 TABLE*You can buy complete
chapters by: Www.TestbankU.com Contact Us:
[email protected](ation C2art bet3een B(oo)/s Ta%ono)+4
Learning Objeti!es and End5o$5C2a*ter E%erises and Prob(e)sLearning
Objeti!e 6no3(edge Co)*re2ension A**(iation Ana(+sis S+nt2esis
E!a(#ation7- &esribe ost s+ste)s and t2e $(o3 o$ osts in a job
order s+ste)-"258"259"25:"257"25;"252
"25"257ABE25=BE25;BE258&I252E257E252E25=E254AAA.-------------------
7A4AAASa(es
Re!en#e-----------------------------------------------------------
>A4AAA,To reord sa(e o$ Job =72.Cost o$ Goods
So(d------------------------------------------------------------
8A4AAAFinis2ed Goods
In!entor+------------------------------------------ 8A4AAA,To reord
ost o$ goods so(d $or Job =72.&O IT' 258Man#$at#ring o!er2ead
a**(ied K 7=AD 0 E:84AAA K E77A48AA?ndera**(ied )an#$at#ring
o!er2ead K E7784AAA L E77A48AA K E;48AA *You can buy complete
chapters by:Www.TestbankU.comContact Us: [email protected]?TIONS
TO E0ERCISESE0ERCISE 257,a. Fator+
Labor-----------------------------------------------------------
>A4AAAFator+ Bages Pa+ab(e-----------------------------------
9AA 0 442AA 24;AA ;4:AA *You can buy complete chapters
by:Www.TestbankU.comContact Us: [email protected] 2577,a.7-
S#**(ies--------------------------------------------- 74:AAAo#nts
Pa+ab(e---------------------- 74:AA2- Ser!ie Contrats in
Proess----------- 92AO*erating O!er2ead--------------------------
;:AS#**(ies-------------------------------------- 742AA=- Ser!ie
Contrats in Proess----------- 84AAA,g.Finis2edGoods
In!entor+Beginning ba(aneCost o$ o)*(eted jobs 8A and 87 >A4AAA
74AAA Cost o$ jobs ;> and 8A so(dEnding ba(ane>;4AAA T2e
ba(ane in t2is ao#nt onsists o$ t2e ost o$ o)*(eted Job No- 8732i2
2as not +et been so(d-,2. Man#$at#ring O!er2eadAt#a(