1.List three examples of job cost records you recently received for services provided to you. (Hint: Itemized bills made out to
you are usually job cost records.)
5.2 Will underapplied and overapplied overhead arise under both actual and normal costing? Explain your answer.
5.3 Within the area where you live, work, or attend school, name three businesses that would likely use job costing and three
that would likely use process costing.
5.4 How does the point of inspection (and therefore completion) affect the cost of spoilage?
5.5 Part of a contract between a union and a company guarantees that all manufacturing employees earn 5 hours of overtime
each week. In the company’s job costing system, should overtime be treated as a direct or indirect cost?
5.6 Compare actual and normal costing systems. Discuss the ways in which they are similar and the ways they differ.
5.7 Exquisite Furniture designs and manufactures custom furniture from exotic materials. Explain why spoilage is sometimes
recorded as a cost for a specific job and other times as overhead for this company.
