Qui Nan VA gra Vy fob costing: titorination A) ta eoteraians aget eateries 11) to calelate the pereentiage of conapletion ©) for internal finaneta reporting. D) ty enhance public relations A tw prouping of Anividunl inditect cont Hens Ad cont allocation bine We €)eont poot 1D) jab conting: systems ywuigunmncnt \) Hach indireet-cont pool af a manutivctini ()itizes tite 1) by a sul ©) relate 1D) utilizes the same for all costy ct af total dircet costs (o multiple eoxt centres »vballocation rate 4) Ina costing system A) cost tracing allocates indirect costs 18) cost allocation assigns direet costs C) a cosballocation base ean be either financial or nonfinaneial D)a cost object should be a product and nota department or a geographic territory S)A cost objeet (A)rost-allocation base 1) cost pool C) cost assignment D) cost tracing. links an indirect cost to 6) Job costing is A) used by busines products 13) used by businesses to price unique products for different jobs C) used to calculate equivalent units D) used to calculate the percentage of work completed ses to price identical Version A Wirwatite — /DOIS 7) Job costing A) cannot be used by the service industry (By)revords the flow of costs for each product or service €) allocates an equal amount of cost to ) unit made during a time period D) is used when each unit of output és identical 4) Job-costing is likely to be used by . {A) oil refining companies (B) advertising agencies C) postal service companies 1D) beverage production companies 9) Actual costing is a costing system that traces direct costs to a cost object by . A) using the budgeted direct cost rates mes the budgeted quantities of direct- cost inputs B) using the actual direct costs rates times the budgeted quantities of the direct-cost inputs Owing the actual direct cost rates mes the actual quantities of the direct- cost inputs D) using the budgeted direct cost rates, times the actual quantities of the direct cost inputs 10) For a given job the direct c associated with the job are A) actual overhead raw materials, ) sunk costs D) budgeted overhead costs