15-1

16-4

chis chapter's Global View. Porsche AG is the m ooer lo hrche produce in jobs or in job lots? Explain. View. Porsche AG is the manufacturer of the Porsche automobile line Does 0s 15-14 Jab order produs C1 aconnect Match each of the terms/phrases numbered I through 5 with the best definition on the right. aler laboe EXERCISE 1. Cost accounting syste a. Production of products in response to customer orders. 2. Target cost 3. Job lot 4. Job 5. Job order productiond. The expected selling price of a job minus its desired profit. b. Production activities for a customized prodact c. A system that records manufacturing costs using a perpetual Exercise Job order prod CI inventory system. the _5. Job order production e. Production of more than one unit of a custom product he following information is from the materials requisitions and time tickets for Job 9-1005 completed by rea Bay Boats. The requisitions are identified by code numbers starting with the leter Q and the time tickets start with W. At the start of the year, management estimated that over ead cost ao ld equal 1 10% c direct labor cost for each job. Determine the total cost on the job cost sheet for Job 9-1005 Exercise 15 Job cost comp CZ ad nd