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Select the descriptions below with their terms. a. Production of products in response to customer orders. b. Production activities for a customized product. c. A

Select the descriptions below with their terms.

a.

Production of products in response to customer orders.

b.

Production activities for a customized product.

c.

A system that records manufacturing costs using a perpetual inventory system.

d.

The expected selling price of a job minus its desired profit.

e.

Production of more than one unit of a custom product.

1.

Cost accounting system

2.

Target cost

3.

Job lot

4.

Job

5.

Job order production

+

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