Accounting for Product Costs in a JIT Environment

question 47

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.

---

Definitions:

Synapse

The junction between two neurons, where neurotransmitters are released to communicate signals across nerve cells.

Inhibition

The process of restraining or suppressing a response, action, or biological process.

Excitation

The process of stimulating activity in an organism or in any of its parts, often leading to increased activity or responsiveness.

Synapses

The junctions between neurons through which they communicate with each other using chemical or electrical signals.