Accounting for Product Costs in a JIT Environment

question 142

Multiple Choice

Accounting for product costs in a JIT environment

• A)uses a job order costing system.
• B)classifies processing costs as raw (or direct)material,direct labor,and overhead.
• C)is more complex than in other types of manufacturing environments.
• D)follows process costing procedures whereby costs are accumulated by the process (cell)and attached to units processed for the period.