Question 3

Signify TRUE or FALSE as applicable next to each of the following items as they pertain to the differences between job order costing systems and process costing systems.

Group of answer choices

A. Job costing systems trace costs to jobs rather than to manufacturing departments.

[ Choose ] TRUE FALSE

B. Process costing systems are best suited for products that are highly customized and made-to-order.

[ Choose ] TRUE FALSE

C. Job costing systems are best suited for products that are homogeneous and produced in a continuous process.

[ Choose ] TRUE FALSE

D. Process costing systems trace costs directly to manufacturing departments rather than jobs.

[ Choose ] TRUE FALSE

E. Manufacturing overhead does not need to be tracked in a process costing system.

[ Choose ] TRUE FALSE