Question

Job-order costs are most useful for: Multiple Choice Determining inventory valuation using LIFO. Determining the cost of a specific project. Controlling indirect costs of future production. Determining costs by averaging the costs of all production. Estimating the overhead costs included in transfer prices.

Answer 1

Determining the cost of a specific project.

Step-by-step explanation:

The job order cost is the costing done for the particular job as the name suggest it is the costing that measures the cost for some particular or specific project and every kind of job have the different type of costing

So according to the given situation the second option is correct

And, the remaining of the options would be considered as incorrect