The Main Difference Between Job Order and Process Costing Systems

question 92

Multiple Choice

The main difference between job order and process costing systems is that

• A) one accumulates costs by materials issued and the other by labor incurred.
• B) one accumulates costs by individual jobs and the other by particular processes.
• C) one emphasizes costs accumulated in completed products and the other emphasizes costs associated with work-in-process.
• D) one emphasizes costs adding value to the product and the other emphasizes costs incurred because of waste, scrap, and obsolescence.

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