Which type of cost system, process or job order, would be best suited for each of the following (Give reasons for your answers) TV assembler building contractor automobile repair shop paper manufacturer custom jewelry manufacturer 2 In job order cost accounting, the three elements of manufacturing ...

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Which type of cost system, process or job order, would be best suited for each of the

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Which type of cost system, process or job order, would be best suited for each of the following (Give reasons for your answers):

TV assembler
building contractor
automobile repair shop
paper manufacturer
custom jewelry manufacturer?

2.In job order cost accounting, the three elements of manufacturing cost are charged directly to job orders. Why is it not necessary to charge manufacturing costs in process cost accounting to job orders?

3.In a job order cost system, direct labor and factory overhead applied are debited to individual jobs. How are these items treated in a process cost system and why?

Posted Date: May 18, 2024 04:04 AM

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Which type of cost system, process or job order, would be best suited for each of the

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