Which of the following is not a characteristic of job costing?
A) Each job is distinguishable from other jobs.
B) Identical units are produced on an ongoing basis.
C) Job cost data are used for setting prices and bids.
D) It is possible to compare actual costs with estimated costs.

Question

Quizplus · Accepted Answer

Job costing is used for unique, distinguishable jobs, not for identical units produced on an ongoing basis, which is characteristic of process costing.

Which of the Following Is Not a Characteristic of Job