Which of the following is not a features of job costing? (i) Outputs are identical. (ii) Production is undertaken against customer's order. (iii) Each job is a cost unit. (iv) Production is continuous. Codes:

CS Executive · Cost and Management Accounting · PYQS · December 2017
Which of the following is not a features of job costing? (i) Outputs are identical. (ii) Production is undertaken against customer's order. (iii) Each job is a cost unit. (iv) Production is continuous. Codes:
(A) (i) only
(B) (i) and (iv) only
(C) (ii) and (iv) only
(D) (ii) and (iii) only

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Job Costing

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