Question: CircuitPros, which usually operates a process costing system for its circuit boards, has been approached by an electronics manufacturer to produce and supply 9,000 circuit

CircuitPros, which usually operates a process costing system for its circuit boards, has been approached by an electronics manufacturer to produce and supply 9,000 circuit boards. Can CircuitPros switch to a job-order costing system for this supply order even though it typically uses a process costing system?

Requirement:

Differentiate between process costing and job-order costing.
Discuss the advantages and disadvantages of using job-order costing for the supply order.

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