Job Order Operation: Job order operation is a method of cost accounting which helps the companies to measure the allocation of cost based on individual batch or job. Job order costing is appropriate for companies which manufacture products which are not identical to each other. Process Operations: Process operations also referred as process manufacturing or process production is a method of production where cost is allocated to each process and then it is further assigned to individual units. It is appropriate for companies where similar products are produced in large volume. To identify: Whether the activities are classified as job order operation (J) or process operation (P).

Question

Want to see the full answer?

Answer 1

Question

Chapter 16, Problem 3QS

To determine

Job Order Operation:

Job order operation is a method of cost accounting which helps the companies to measure the allocation of cost based on individual batch or job. Job order costing is appropriate for companies which manufacture products which are not identical to each other.

Process Operations:

Process operations also referred as process manufacturing or process production is a method of production where cost is allocated to each process and then it is further assigned to individual units. It is appropriate for companies where similar products are produced in large volume.

To identify: Whether the activities are classified as job order operation (J) or process operation (P).

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

1. Stampede Company has two service departments — purchasing and maintenance, and two production departments — fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below: FROM TO Purchasing Maintenance Fabrication Assembly Purchasing 0% 45% 45% 10% Maintenance 55% 0% 30% 15% The direct operating costs of the departments (including both variable and fixed costs) were as follows: Purchasing $ 138,000 Maintenance 60,000 Fabrication 114,000 Assembly 90,000 The total cost accumulated in the fabrication department using the direct method is: The answer is not 194100 2. Bifurcator Company produces three products — X, Y, and Z — from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Last year all three products were…

General accounting question please solve

Due Jan 26 11:59pm Module 2 Discussion Provide and discuss an example of a situation where a company would use a job cost sheet. As part of your analysis, be sure to explain the nature and importance of a job cost sheet. or Discuss the advantages and disadvantages of Job Order Costing. Be sure to include specific examples of the advantages/disadvantages that you discuss. 21 Replies, 18