ANSWER ALL OF THE FOLLOWINGS WITH EXPLANATIONS:

29. In comparison to a general accounting system for a manufacturing company, a cost accounting system places an emphasis on: A. Periodic inventory counts. B. Total costs. C. Continually updating costs of materials, goods in process, and finished goods inventories. D. Products and average costs. E. Large volume operations involving standardized products.

30. The production activities for a customized product represent a(n): A. Operation. B. Job. C. Unit. D. Pool. E. Process.

31. Job order costing systems normally use: A. Periodic inventory systems. B. Perpetual inventory systems. C. Real inventory systems. D. General inventory systems. E. All of these.

32. Dell Builders manufactures each house to customer specifications. It most likely would use: A. Process costing. B. A periodic inventory system. C. Unique costing. D. Job order costing. E. Activity-based costing.

33. A type of production that yields customized products or services for each customer is called: A. Customer orientation production. B. Job order production. C. Just-in-time production. D. Job lot production. E. Process production.

34. A job order production system would be appropriate for a company that produces which one of the following items? A. A landscaping design for a new hospital. B. Seedlings for sale in a nursery. C. Sacks of yard fertilizer. D. Packets of flower seeds. E. Small gardening tools, including rakes, shovels, and hoes.

35. A job cost sheet shows information about each of the following items except: A. The direct labor costs assigned to the job. B. The name of the customer. C. The costs incurred by the marketing department in selling the job. D. The overhead costs assigned to the job. E. The direct materials costs assigned to the job.

36. A job cost sheet includes: A. Direct materials, direct labor, operating costs. B. Direct materials, overhead, administrative costs. C. Direct labor, overhead, selling costs. D. Direct material, direct labor, overhead. E. Direct materials, direct labor, selling costs.

37. The Goods in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $4,400 debit balance after all posting is completed. The cost sheet of the one job still in process shows direct material cost of $2,000 and direct labor cost of $800. Therefore, the company's overhead application rate is: A. 40%. B. 50%. C. 80%. D. 200%. E. 220%.

38. A company that uses a job order cost accounting system would make the following entry to record the flow of direct materials into production: A. debit Goods in Process Inventory, credit Cost of Goods Sold. B. debit Goods in Process Inventory, credit Raw Materials Inventory. C. debit Goods in Process Inventory, credit Factory Overhead. D. debit Factory Overhead, credit Raw Materials Inventory. E. debit Finished Goods Inventory, credit Raw Materials Inventory.