Do you agree or not? Why? 1. Mark's job cost sheet would differ from a service company's

 Do you agree or not? Why?

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1. Mark's job cost sheet would differ from a service company's job cost sheet by having raw materials inventory. Mark uses wood as well as strings and other materials to make his guitars. Services have a supply inventory but it is considered immaterial most of the time and ends up being overhead cost. Mark will also have a finished goods inventory whereas services do not as they have cost of services provided. 1. Mark's job cost sheet would differ from a service company's job cost sheet by having raw materials inventory. Mark uses wood as well as strings and other materials to make his guitars. Services have a supply inventory but it is considered immaterial most of the time and ends up being overhead cost. Mark will also have a finished goods inventory whereas services do not as they have cost of services provided.

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