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I TRUE / FALSE QUESTIONS (1-10) _T__1. A job order cost accounting system provides for a separate record of the cost of each particular quantity

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I TRUE / FALSE QUESTIONS (1-10) _T__1. A job order cost accounting system provides for a separate record of the cost of each particular quantity of product that passes through the factory. 2. A process cost accounting system provides for a separate record of the cost of each particular quantity of product that passes through the factory. 3. If the principal products of a manufacturing process are identical, a process cost system is more appropriate than a job order cost system. _4. A production supervisor's salary that does not vary with the number of units produced is an example of a fixed cost. 5. The cost of a manufactured product generally consists of direct materials cost, direct labor cost, and factory overhead cost. 6. 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. _7. The range of activity over which changes in cost are of interest to management is called the relevant range. 8. The cost of materials entering directly into the manufacturing process is classified as 9 The direct materials costs and direct labor costs incurred by a production department are referred to as conversion costs. 10. Variable costs are costs that remain constant on a per-unit basis as the level of manufacturing activity changes

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