Select the response from the list provided that best matches each of the following descriptions:

• Question

  System used to determine cost of

  distinct, one of a kind products.

  Method used in process cost systems to

  determine equivalent whole units,

  where state of completion of beginning

  units is ignored.

  System used to determine costs of

  products such as chemicals or paints

  Calculated by dividing total production

  costs by number of equivalent whole

  units.

  The result of expressing partially

  completed goods in equivalent number

  of fully completed goods.

  Cost system that blends features of

  job-order and process costing.

  Document used in job-order costing

  system to accumulate material labor,

  and overhead costs of a job through the

  various stages of production.

  Costs that are transferred from one

  department to the next.

  Mechanism or document used to

  request materials needed to begin a job.

  Mechanism or document used to

  accumulate the time spent on a job by

  each employee.

  More complicated method of

  determining equivalent

  whole units when accuracy is of

  paramount importance.

• All Answer Choices

  A.

  Process cost system

  B.

  Job-order cost system

  C.

  Weighted average

  D.

  Transferred-in costs

  E.

  Equivalent whole units

  F.

  Job-order cost sheet

  G.

  Hybrid accounting system 

  H.

  Cost per equivalent whole unit

  I.

  Materials requisition

  J.

  Work ticket

  K.

  FIFO Method