1. Which of the following manufacturers is most likely to use a process cost system? a. Purse manufacturer b. Sports drink manufacturer c. Automobile manufacturer d. Guitar manufacturer 2. Process and job order cost systems are similar in that both systems a. record and summarize product costs b. classify product costs as direct materials, direct labor, and factory overhead c. allocate factory overhead costs to products d. All of these choices are correct.

1. Which of the following manufacturers is most likely to use a process cost system? a. Purse manufacturer b. Sports drink manufacturer c. Automobile manufacturer d. Guitar manufacturer 2. Process and job order cost systems are similar in that both systems a. record and summarize product costs b. classify product costs as direct materials, direct labor, and factory overhead c. allocate factory overhead costs to products d. All of these choices are correct