Documents ac102_ch2

Revised Summer 2010 CHAPTER 2 SYSTEMS DESIGN: JOB ORDER COSTING Key Terms and Concepts to Know Job-Order Costing vs. Process Costing  Job-order costing is used for companies…

Documents Cost Acctg Reviewer

11.A total variance is best defined as the difference between total a. actual cost and total cost applied for the standard output of the period. b. standard cost and total…