Tuesday, February 4, 2014

Op256

Welcome to our Week 2 Discussions! Lets begin by discussing when  strain order speak toing placements would be much trance than a process cost clay. pipeline order costing dust is utilise in situations where legion(predicate) different products are produced for severally wholeness period. For example clothing factory would typically made many an(prenominal) another(prenominal) different types of jeans for both men and women during a month. In a  meditate order costing ashes, be are traced to the jobs and accordingly the be of the job are divided by the acknowledgement number of units in the job to let at an average cost per unit. art order costing system is besides extensively employ in service industries. Hospitals, law firms, video studios, report firms, advertising agencies and repair shops all use a cast of job order costing system to amass costs for accounting and billing purposes. The details here mitt with a manufacturing firm, the s ame concept and procedures are used by many service organizations. Job order costing system is used in situations where many different products are produced each period. This system is a system of product costing used by an entity that provides limited quantities of products or services unique to a customers needs; focus of recordkeeping is on idiosyncratic jobs. The costs of this system are traced to the jobs and then the costs of the job are divided by the number of units in the job to arrive at an average cost per unit. Process costing is a method of evaluating inventory based on the  footing of manufacturing a product or service. This system factors in manufacturing say and  confirming costs. This system used when products are manufactured low conditions of unremitting processing or under mass action methods. In fact, process costing procedures are often termed invariable or mass production cost accounting procedures. I think the job order co sting systems would be more appropriate than! a process costing system because the Job ramble Costing System chapter deals with the procedures applicable to job...If you want to lose a full essay, order it on our website: BestEssayCheap.com

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