question content areawhich of the following is not true of job-order costing? a.the cost of each job is accumulated on the job-order cost sheet. b.the key document for accumulating manufacturing costs is the job-order cost sheet. c.it is used in firms that produce homogeneous products. d.all of these choices are correct.

Respuesta :

It is not true that, job-order costing is used in firms that produce homogeneous products.

Job costing, also known as job order costing, is a method for allocating and accumulating the manufacturing costs of a single unit of output. When the various products are sufficiently distinct from one another and have substantial costs for each, the job order costing system is employed. The process costing system is more appropriate when a company's output consists of constant flows of identical, inexpensive units.

The job order costing system demands a separate job cost record for each item because the manufactured items vary significantly. The job cost record will list each item's actual direct material and labor costs as well as the assigned manufacturing overhead.

The manufacturer's cost of the inventory of finished goods, work-in-progress, and cost of goods sold are also recorded in the job cost records, which act as a subsidiary ledger or documentation.

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