You are required to visit an industry where job costing is applicable and write a detailed...
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You are required to visit an industry where job costing is applicable and write a detailed report as per the following instructions: a. Give an introduction about the selected industry. Write about the nature of business, their products and/or services. b. Why do you think job costing is applicable to them? Explain. c. What are the procedures they follow/should follow in order to facilitate a better job costing system? Explain. d. How are they charging overheads to the production costs/How should they charge overheads to production? Explain? e. How are they preparing/How should they prepare quotation? What are they taking/What should they take into consideration while quoting price for a job? You are required to visit an industry where job costing is applicable and write a detailed report as per the following instructions: a. Give an introduction about the selected industry. Write about the nature of business, their products and/or services. b. Why do you think job costing is applicable to them? Explain. c. What are the procedures they follow/should follow in order to facilitate a better job costing system? Explain. d. How are they charging overheads to the production costs/How should they charge overheads to production? Explain? e. How are they preparing/How should they prepare quotation? What are they taking/What should they take into consideration while quoting price for a job?
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Answer rating: 100% (QA)
a Introduction The industry chosen for this report is the construction industry Construction involves the creation of buildings and other structures such as bridges roads dams and other infrastructure ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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