147.Match the following terms with the appropriate definitions. 1. Mass production of similar products in a continuous flow of sequential processes. Job order costing system 5 2. Document that...

147.Match the following terms with the appropriate definitions.

1. Mass production of similar products in a continuous flow of sequential processes. Job order costing system 5

2. Document that summarizes the materials a department uses when inventory moves continuously through the manufacturing process during a reporting period; replaces materials requisition. Materials consumption report 2

3. A manufacturing system that contains features of both process costing and job order costing systems. Process cost summary 4

4. Report of total costs charged to a department, describes its equivalent units of production achieved, and allocates costs among units worked on in the period. Hybrid costing system 3

5. Costing system that measures costs per unit upon completion of a job. Equivalent units of production 7

6. System of measuring unit costs at the end of a period by combining costs per equivalent unit from each separate department. Process costing system 6

7. Number of units that could have been started and completed given the costs incurred during the period. Process operations 1