A new client owns and operates of manufacturing business. The client needs to set up a proper cost accounting system (e.g., job order cost, process cost, and ABC) for the business. This client is seeking general advice as to which type of system is appropriate for the business.

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Discussion Question 1: Before you provide any advice, what are one or two initial questions you might ask to learn more about the business and manufacturing operations.

Discussion Question 2:   The client would like you to differentiate the benefits and disadvantages of each system.

Discussion Question 3: Let's assume the client is a commercial landscape designer and contractor. Which type of system would you recommend and why?

Answer rating: 100% (QA)

Solution Question 1 2 questions to ask Is the product produced based on customer order or market order Is the production units customized or standardi... View the full answer