Job Order Costing vs. Process Costing In this discussion we analyze job order costing versus process...

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Job Order Costing vs. Process Costing In this discussion we analyze job order costing versus process costing. To do this please create a response that answers the following questions: What type of companies can use job order costing or process costing? Please respond by identifying types of companies who uses each. Some companies use a hybrid costing system, which includes a combination of job order and processing costing. Also, identify a type of company which can benefit from the hybrid system? (Hint: you may have to Google this one but please make sure you cite your source). Next, identify the advantages and disadvantages of each method. Finally, discuss the impact of "dumping" in global markets by U.S. firms. How does the practice of dumping impact a company's financial statements? Job Order Costing vs. Process Costing In this discussion we analyze job order costing versus process costing. To do this please create a response that answers the following questions: What type of companies can use job order costing or process costing? Please respond by identifying types of companies who uses each. Some companies use a hybrid costing system, which includes a combination of job order and processing costing. Also, identify a type of company which can benefit from the hybrid system? (Hint: you may have to Google this one but please make sure you cite your source). Next, identify the advantages and disadvantages of each method. Finally, discuss the impact of "dumping" in global markets by U.S. firms. How does the practice of dumping impact a company's financial statements?

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Types of Companies and Hybrid Systems 1 Job Order Costing This system is typically used by companies that produce unique customized products or servic... View the full answer