You learned about job order costing and activity based costing Each method deals with manufacturing overhead in a different way There are various implications with how costing is done The following items will help stretch your thinking a bit Why should an employee have some understanding of costing if they are not in the accounting department Explain how the method of costing used will impact the company with (A) the quoting of customer jobs and (B) gross margin profit on the Income statement

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Question: You learned about job order costing and activity-based costing. Each method deals with manufacturing overhead in a different way. There are various implications with how

You learned about job order costing and activity-based costing. Each method deals with manufacturing overhead in a different way. There are various implications with how costing is done. The following items will help stretch your thinking a bit.

Why should an employee have some understanding of costing if they are not in the accounting department?
Explain how the method of costing used will impact the company with: (A) the quoting of customer jobs and (B) gross margin/profit on the Income statement.

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