________ accumulate costs by individual jobs as material is issued into production and labor costs are incurred.
A)Just-in-time production systems
B)Job order cost systems
C)Process cost systems
D)Manufacturing systems

Question

Quizplus · Accepted Answer

Job order cost systems accumulate costs by individual jobs, tracking material as it's issued into production and labor costs as they're incurred. This system is typically used in industries where each product or service provided is unique, such as construction, custom manufacturing, or professional services.

________ Accumulate Costs by Individual Jobs as Material Is Issued