SE 2. Indicate whether each of the following is a characteristic of job order costing or of process costing:

1. Several Work in Process Inventory accounts are used, one for each department or work cell in the process.

2. Costs are grouped by process, department, or work cell.

3. Costs are measured for each completed job.

4. Only one Work in Process Inventory account is used.

5. Costs are measured in terms of units completed in specific time periods.

6. Costs are assigned to specific jobs or batches of product.

Process Costing and a Work in Process Inventory Account