Distinguishing between job order costing and process costing Following is a list of cost system characteristics and sample companies. Match each to either job order costing or process costing. Companies that produce small quantities of many different products. A company that pulverizes wood into pulp to manufacture cardboard. A company that manufactures thousands of identical files. Companies that produce large numbers of identical products. A computer repair service that makes service calls to homes. A company that assembles electronic parts and software to manufacture millions of portable media players. A textbook publisher that produces copies of a particular book in batches. A company that bottles milk into one-gallon containers. A company that makes large quantities of one type of tankless hot water heaters. A governmental agency that takes bids for specific items it utilizes where each item requires a separate bid.
Distinguishing between job order costing and process costing Following is a list of cost system characteristics and sample companies. Match each to either job order costing or process costing. Companies that produce small quantities of many different products. A company that pulverizes wood into pulp to manufacture cardboard. A company that manufactures thousands of identical files. Companies that produce large numbers of identical products. A computer repair service that makes service calls to homes. A company that assembles electronic parts and software to manufacture millions of portable media players. A textbook publisher that produces copies of a particular book in batches. A company that bottles milk into one-gallon containers. A company that makes large quantities of one type of tankless hot water heaters. A governmental agency that takes bids for specific items it utilizes where each item requires a separate bid.
Distinguishing between job order costing and process costing Following is a list of cost system characteristics and sample companies. Match each to either job order costing or process costing. Companies that produce small quantities of many different products. A company that pulverizes wood into pulp to manufacture cardboard. A company that manufactures thousands of identical files. Companies that produce large numbers of identical products. A computer repair service that makes service calls to homes. A company that assembles electronic parts and software to manufacture millions of portable media players. A textbook publisher that produces copies of a particular book in batches. A company that bottles milk into one-gallon containers. A company that makes large quantities of one type of tankless hot water heaters. A governmental agency that takes bids for specific items it utilizes where each item requires a separate bid.
Distinguishing between job order costing and process costing
Following is a list of cost system characteristics and sample companies. Match each to either job order costing or process costing.
Companies that produce small quantities of many different products.
A company that pulverizes wood into pulp to manufacture cardboard.
A company that manufactures thousands of identical files.
Companies that produce large numbers of identical products.
A computer repair service that makes service calls to homes.
A company that assembles electronic parts and software to manufacture millions of portable media players.
A textbook publisher that produces copies of a particular book in batches.
A company that bottles milk into one-gallon containers.
A company that makes large quantities of one type of tankless hot water heaters.
A governmental agency that takes bids for specific items it utilizes where each item requires a separate bid.
Definition Definition Operation costing method employed to determine the value of a product at each process or stage of the production process, applicable where goods produced from a series of continuous operations or procedure. Process costing is employed by businesses that manufacture goods and where production is in repetitive inflow.
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