A Standard Cost System May Be Used In $\begin{array} { l c c } & \text { Job Order Costing } & \text { Process Costing } \\\end{array}$

question 75

Short Answer

A standard cost system may be used in $\begin{array} { l c c } & \text { Job Order Costing } & \text { Process Costing } \\\end{array}$
A) $\begin{array} { l c c } &&&& \text { No } &&&&&& \text { No } \\\end{array}$
B) $\begin{array} { l c c } &&&& \text { Yes } &&&&&& \text { No } \\\end{array}$
C) $\begin{array} { l c c } &&&& \text { No } &&&&&& \text { Yes } \\\end{array}$
D) $\begin{array} { l c c } &&&& \text { Yes } &&&&&& \text { Yes }\end{array}$

• A)\(\begin{array} { l c c } &&&& \text { No } &&&&&& \text { No } \\\end{array}\)
• B)\(\begin{array} { l c c } &&&& \text { Yes } &&&&&& \text { No } \\\end{array}\)
• C)\(\begin{array} { l c c } &&&& \text { No } &&&&&& \text { Yes } \\\end{array}\)
• D)\(\begin{array} { l c c } &&&& \text { Yes } &&&&&& \text { Yes }
• \end{array}\)

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