Job order costing : Job order costing is a method of cost accounting, in which cost is collected and accumulated for each job, work order, or project separately. Especially the job order costing is followed in organizations where customized goods are produced. To prepare: The adjusting entry for each company assuming the adjustment is made to cost of goods sold.

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Chapter 20, Problem 20.10BE

To determine

Job order costing:

Job order costing is a method of cost accounting, in which cost is collected and accumulated for each job, work order, or project separately. Especially the job order costing is followed in organizations where customized goods are produced.

To prepare: The adjusting entry for each company assuming the adjustment is made to cost of goods sold.

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