Which of the Following Costing Methods of Valuation Are Acceptable $\text {\underline{ Cost} }$

question 117

Multiple Choice

Which of the following costing methods of valuation are acceptable in a job-order costing system?
Actulal     Standard       Actual         Predetermine
Material      Material      Labor        Overhead
$\text {\underline{ Cost} }$        $\text {\underline{ Cost} }$       $\text {\underline{ Cost} }$         $\text {\underline{ Cost} }$

• A)yes yes no yes
• B)yes no yes no
• C)no yes yes yes
• D)yes yes yes yes

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Definitions:

Supply Chain Function

The activities and operations involved in moving a product from the supplier to the customer.

Supply Chain Profitability

The overall financial gain achieved throughout the supply chain, from suppliers to end consumers.

Decision Categories

Various classifications or groupings of decisions based on criteria, purpose, or context within business or personal planning.

Customer Order Receiving

The process of accepting requests for products or services from customers and entering them into a system for fulfillment.