6. A job order cost system would be appropriate for a house contractor. A. True B. False 7. A law firm would use a job order cost system to accumulate all of the costs associated with a particular client engagement such as lawyer time, copying charges, filing fees and overhead. A. True B. False 8. Which of the following would record the direct and indirect labor costs to an individual job? A. Clock card B. In and out cards C. Time tickets D. Payroll register 9. Which of the following would most likely be a period cost? A. Depreciation on factory lunchroom furniture B. Salary of telephone receptionist in the sales office C. Salary of a security guard for the factory parking lot. D. Computer chips used by a computer manufacturer. 10. As product costs are incurred in the manufacturing process, they are accounted for as assets and reported on the balance sheet as inventory. A. True B. False