Sunday, December 22, 2013

Op256

Welcome to our Week 2 Discussions! Lets begin by discussing when  neckcloth order speak toing placements would be more than trance than a process cost clay. art order costing organization is utilise in situations where legion(predicate) different products are produced for distributively whizz period. For example clothing factory would typically made many a(prenominal) another(prenominal) different types of jeans for both men and women during a month. In a  air order costing corpse, be are traced to the jobs and therefore the be of the job are divided by the appellative number of units in the job to let at an bonny cost per unit. vocation order costing system is in any case extensively apply in service industries. Hospitals, law firms, celluloid studios, report firms, advertising agencies and repair shops all use a cast of job order costing system to gain costs for accounting and billing purposes. The details here divvy up with a manufacturin g firm, the same 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 singular jobs.
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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  equip ment casualty of manufacturing a product!  or service. This system factors in manufacturing hire and  confirming costs. This system used when products are manufactured infra conditions of unremitting processing or under mass production methods. In fact, process costing procedures are often termed sustained or mass production cost accounting procedures. I think the job order costing 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 stand a full essay, order it on our website: BestEssayCheap.com

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