8. What system would a manufacturer of unique special orders or batch processes most likely use to accumulate costs? a. contract costing b. variable costing c. process costing d. job-order costing 9. The appropriate cost accounting system to use when inventory items are produced on an assembly line is a. weighted average. b. job-order costing. c. process costing. d. perpetual method. 10. Which of the following is true of a production report prepared under a process-costing system? a. It provides information about the physical units processed in a department. b. It has a unit information section, a cost information section, and a revenue information section. c. It summarizes the manufacturing activity of a company only at the end of a reporting period. d. It is prepared at the final stage of a manufacturing activity When products and their costs are moved from one process to the next process, these costs are a. unit costs. b. transferred-in cost:s c. WIP inventory costs 11. referred to as d. equivalent unit costs 12. In a process costing system, which of the following would be TRUE? a. There is no need to use time tickets to assign costs to processes. b. There is no need to track materials to processes. c. A process costing system is more expensive to maintain because it has more work-in-process accounts. d. all of the above are true. 13. JIT manufacturing emphasizes a. continuous improvement. b. elimination of waste. c. reduction of work-in-process inventories. d. all of the above