Job Order Costing Versus Process Costing A products cost consists of direct materials, direct labor, and manufacturing
Question:
Job Order Costing Versus Process Costing
A product’s cost consists of direct materials, direct labor, and manufacturing overhead. Job Order Costing and Process Costing are costing systems that help companies allocate these costs to their different products. Click on the link below and watch this video on how jelly beans are made. Share your answers to the following questions in a discussion board post:
https://www.youtube.com/watch?v=_GhjlNsoCKo
Is this company using the job order costing system or the process costing system?
Identify at least 3 raw materials used by this company to make jelly beans.
Identify at least 1 direct labor cost.
Identify at least 3 overhead costs shown in the video.
Elementary Principles of Chemical Processes
ISBN: 978-0471720638
3rd Edition
Authors: Richard M. Felder, Ronald W. Rousseau