Company A produces commercial paints and stains in a handful of standard colors, and sells in bulk to home improvement stores. Company B produces shipping crates for electronics manufacturers that are available in a few standard sizes/configurations built on-demand from customer orders, and can also be ordered to specification (irregular sizes, shapes, padding materials, and so on) by individual customers. To account for manufacturing costs Company A would most likely use a costing system while Company B would most likely use a costing system. Order order O Cannot be determined from the information given O proces process
Company A produces commercial paints and stains in a handful of standard colors, and sells in bulk to home improvement stores. Company B produces shipping crates for electronics manufacturers that are available in a few standard sizes/configurations built on-demand from customer orders, and can also be ordered to specification (irregular sizes, shapes, padding materials, and so on) by individual customers. To account for manufacturing costs Company A would most likely use a costing system while Company B would most likely use a costing system. Order order O Cannot be determined from the information given O proces process
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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