The Use of Standard Material or Labor Costs in Job-Order

question 4

Multiple Choice

The use of standard material or labor costs in job-order costing

• A)is similar to the use of predetermined overhead rates in a normal costing system.
• B)will keep actual costs of jobs from fluctuating due to changes in component costs.
• C)is appropriate for any company making units to customer specification.
• D)all answers are correct.

---

Definitions:

Conscious

The state of being aware of and able to think about one's surroundings, thoughts, and feelings.

Critical Rationalists

Individuals who advocate for the approach of systematically questioning and critically examining one's own beliefs and views.

Abraham and Isaac

A biblical story from the Book of Genesis about Abraham's faith being tested by God, who commands him to sacrifice his son Isaac, before stopping him at the last moment.

Essentially

At its core or in its most important aspects.