1. The target cost for a job using job costing is calculated as
direct costs + desired profit.
direct costs - desired profit.
expected selling price - direct costs.
expected selling price - desired profit.
expected selling price + desired profit.
2. Features of a job costing system include all but which of the following:
Diversity of products produced.
Mass production.
Heterogeneity.
Customization.
Separate manufacturing from other products.