9-In which stage of job order costing procedure the total cost is calculated by recording actual cost of each element.

a.

Completion of job

b.

Cost accumulation

c.

Quotation for the job

d.

Production order

20-Which of the following is not a distinction between process costing and job order costing?

a.

Job costing: Sound production planning; Process costing: Bad production planning

b.

Job costing: Output not transferred; Process costing: Output is transferred

c.

Job costing: Cost control is difficult; Process costing: Effective cost control

d.

Job costing: Variety of products; Process costing: Homogeneous

2-Which of the following is not a feature of joint product?

a.

Same raw material is used

b.

Comparatively low value

c.

Common manufacturing process

d.

Equally important