Match Each of the Following Terms with the Appropriate Definitions

Multiple Choice

Match each of the following terms with the appropriate definitions.

-Equivalent units of production

A) Costing system to determine the cost of producing each job or job lot.
B) Document that summarizes the materials a department uses during a reporting period; replaces materials requisition.
C) Report of costs charged to a department, its equivalent units of production achieved, even the costs assigned to its output.
D) A manufacturing system that contains features of both process and job order systems.
E) Number of units that would be completed if all effort during a period had been applied to units that were started and finished.
F) System of assigning direct materials, direct labor, and overhead to specific processes; total costs associated with each process are then divided by the number of units passing through that process to determine cost per equivalent unit.
G) Process of products in a continuous flow of steps.