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Question: Label each item a through h below as a feature of either a job order (J) or process (P) operation.

a. Heterogeneous products and services

b. Custom orders

c. Low production volume

d. Routine, repetitive procedures

e. Focus on individual batch

f. Low product standardization

g. Low product flexibility

h. Focus on standardized units

Short Answer

Expert verified
  1. Process operation
  2. Job order operation
  3. Job order operation
  4. Job order operation
  5. Process operation
  6. Job order operation
  7. Job order operation
  8. Process operation

Step by step solution

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01

Meaning of process operation.

Manufacturing or processing operations include any method, process, action, operation, or treatment of manufacturing or processing, as well as product storage or handling before, during, or after manufacturing or processing.

02

Meaning of Job order operation.

A job order in a firm permits the creation of commodities or the rendering of services. A job order is generated and used internally to arrangethe work when a customer order is received.

03

(a) Explaining the Heterogeneous products and services and its feature of process operation.

Heterogeneous products and services are likely to be regarded in the job process. Products with considerable contrasts in their characteristics are said to be heterogeneous, making it challenging to switch out one item for another. Computers are one sort of diverse item. Since each computer stage is so particular, one truly can't switch a PC for a Mac.

Contrarily, homogenous products have essentially the same product features and may be perfectly substituted for one another. Generally speaking, commodities are a good illustration of homogeneous products. For instance, a 1-kg 24-karat gold bar can be precisely replaced by another 1-kg 24-karat gold bar.

04

(b) Custom order is likely to be in the job order process.

Custom orders, which are orders for products that are commissioned, changed, customized, redone, or made in understanding, along with your unique needs, are likely to be included within the job order process.

05

(c) Low production volume features as job order operation

Low-volume manufacturing procedures incorporate low-volume production as a subset of manufacturing. When something has been made in low volumes, it often implies that small to no cash was spent on designing, planning, or tooling.

Any order with less than 100 units is regularly regarded as a low-volume production run, even though this limit can shift depending on the company. Low-volume manufacturing methods are regularly utilized for one-off orders or restricted runs of items with reasonable setup necessities.

06

(d) Routine, repetitive procedure is likely to be in job order operation

A manufacturer commits to a production rate by rehashing generation utilizing handle sorts like monotonous manufacturing. Repetitive handling involves particular production lines that persistently make the same or comparable products throughout the year.

07

(e)Focus on the individual is more likely in process operation.

Batch processing is the strategy through which a computer completes bunches of assignments regularly, concurrently, persistently, and consecutively. Furthermore, it may be a command that creates beyond doubt that colossal occupations are effectively isolated into smaller ones for debugging.

08

(f) Low product standardization is more likely to be involved in the job order process

Large numbers of incompatible proprietary formats for a particular technology and for technologies that must work together are frequently the result of a lack of standardization. That all-too-common circumstance hampers the acceptance and development of technology and industry.

09

(g) Low product flexibility is likely to be in Job order operation

Product flexibility is the manufacturing system's capacity to handle the expanding product diversity while maintaining system performance. Lower product facility results in the job order process.

10

(h) Focus on standardized units is likely to in process operation.

Standard units are widely used units of approximation that give us the degree of classification of quantities, including length, height, weight, temperature, and mass. Since these units are standardized, everyone can understand how enormous, heavy, and other characteristics of objects and things are.

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Most popular questions from this chapter

Question: Refer to the information in QS 16-10. Assign costs to the assembly departmentโ€™s outputโ€”specifically, the units transferred out to the painting department and the units that remain in process in the assembly department at month-end. Use the FIFO method.

Assume that a company produces a single product by processing it first through a single production department. Direct labor costs flow through what accounts in this companyโ€™s process cost system?

Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March.

Units

Cost

Beginning work-in-process inventory

2,000

Beginning work-in-process inventory

Started

20,000

Direct material

\(2,500

Ending work-in-process inventory

5,000

Conversion

6,360

\)8,860

Direct material added

168,000

Status of ending work-in-process inventory

Direct labor added

199,850

Material-percent complete

100%

Overhead applied (140% of direct labor)

279,790

Conversion โ€“ percent complete

35%

Total cost to account for

\(656,500

Ending work-in-process inventory

\)84,110

Prepare a process cost summary report for this company showing costs charged to production, unit cost information, equivalent units of production, cost per EUP, and its cost assignment and reconciliation. Use the weighted-average method.

The focus in a job order costing system is the job or batch.

Identify the main focus in process costing.

RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the product evenly throughout the process. The company uses monthly reporting periods for its process costing system.

During October, the company finished and transferred 150,000 units of its product to Department 2. Of these units, 30,000 were in process at the beginning of the month and 120,000 were started and completed during the month. The beginning work in process inventory was 30% complete. At the end of the month, the work in process inventory consisted of 20,000 units that were 80% complete.

Compute the number of equivalent units of production for October. Use the FIFO method.

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