Pick a specific business (that uses job costing techniques) and describe: a) one of its direct costs,

Fantastic news! We've Found the answer you've been seeking!

Question:

Pick a specific business (that uses job costing techniques) and describe:

a) one of its direct costs, why it is a direct cost, and how it is assigned to an individual job.

b) one of its indirect costs, why it is an indirect cost, and how it is assigned to an individual job.

Related Book For answer-question

Operations Management Creating Value Along the Supply Chain

ISBN: 978-0470525906

7th Edition

Authors: Roberta S. Russell, Bernard W. Taylor

See More Books

Posted Date: Apr 26, 2022 01:02 AM

See More Questions

Pick a specific business that you are interested as a potential investor (i.e. you are contemplating buying its common stock). List 2 financial ratios you would want to investigate and why, regarding...
Pick a specific business - as a potential investor in that business, what areas of that business's cash flow statement would you be interested in and why?
Why are the terms direct cost and indirect cost independent of the terms fixed cost and variable cost? Give an example to illustrate.
Include another public method in the Employee class from Pencil and Paper Exercise 3. The method should calculate an Employee objects new salary, which is based on the raise percentage provided by...
An economist wanted to investigate the relationship between office rents (the dependent variable) and vacancy rates. Accordingly, he took a random sample of monthly office rents and the percentage of...
What is DKIM?
For the material described in Problems 5.2 and 5.3 above at a temperature of $77^{\circ} \mathrm{C}$, determine the time required for drying the material from $99.9 \%$ to $50 \%$ of its fully...
"Bell Company acquires 80% of Demers Company for $500,000 on January 1, 2009. Demers reported common stock of $300,000 and retained earnings of $200,000 on that date. Equipment was undervalued by...
How does bioprocess intensification, such as using high cell density cultures or integrated processes, contribute to enhanced productivity and sustainability in industrial bioprocessing ?
Milt Pearson, the president of Supergrip Corporation Limited (SCL), is concerned with the results achieved by SCL for the fiscal year ended May 31, 2010, and has called a meeting of the Executive...
Frontier Corp. sells units for $45, has unit variable costs of $17, and fixed costs of $179,000. Frontier sells 10,000 units. If sales increase 16%, by how much will profits increase? Multiple Choice...
Day Time Company records the receipts from cash sales of $41,200 as $12,400. What adjustment is required in the bank's accounts?
What are the psychological barriers to social change, including factors such as cognitive dissonance, status quo bias, and resistance to change, and how can strategies for behavior change and...
In what ways do power structures and systems of privilege and oppression influence the trajectory of social change movements, and how can intersectional approaches address the complexities of...
Explain what the "so-called corporate veil" is and what is meant by lifting the veil in common law? B) Critically discuss the circumstances when the corporate veil can be lifted by the court.
The corporate veil is an established principle in company law. There circumstances when the veil can be lifted. Discuss when the veil can be kifted in about 400 words ?
Chalmers Corporation operates in multiple areas of the globe, and relatively large price changes are common. Presently, the company sells 183,800 units for $50 per unit. The variable production costs...
Provide an example of an aggressive accounting practice. Why is this practice aggressive?
Describe the primary characteristics of the behavioral approach to job design.
What is the balanced scorecard? How does it relate to operations?
Pratts Department Store is opening a new store in The Centers Mall. Customer movement tracked in its existing stores is shown below. Design a layout for Pratts new store on a 2 x 3 grid that will...
What is the impact of the Internet on international business? Which companies and which countries will gain as Internet usage increases throughout the world? Which will lose?
How do merchandise exports and imports differ from service exports and imports?
What is portfolio investment?

Pick a specific business (that uses job costing techniques) and describe: a) one of its direct costs,

Question:

Expert Answer:

Repairing shop business uses job order costing which is customised in n... View the full answer

Operations Management Creating Value Along the Supply Chain

Students also viewed these accounting questions