Which of the following is a difference between job order costing and process costing systems?

Question

Quizplus · Accepted Answer

The main difference between job order costing and process costing systems is the way they accumulate product costs. Job order costing systems accumulate costs on a job-by-job basis, while process costing systems accumulate costs on the departmental production report. Option A is incorrect because both systems accumulate product costs throughout the production process. Option B is incorrect because both systems accumulate direct material, direct labor, and manufacturing overhead. Option D is incorrect because the choice of system depends on the nature of the production process and not on the type of product being manufactured.

Which of the Following Is a Difference Between Job Order