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Please write three complete and well composed paragraphs where you use, as an example, a company...

Please write three complete and well composed paragraphs where you use, as an example, a company that operates where you live and describe how the job order costing would help the business owners managed their business.

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Answer #1

Answer :-

Job order costing :-

It is very important costing system in accounting. It is process of costing, in which cost is assigned to the different jobs insteas of departments.

Where it is used?

Company who manufactures different type of products, uses job order costing and companies who make identical goods, use process costing.

Some companies use hybrid costing system that is mix of job order costing and process costing system.

Industries that use job order costing system are as follows :-

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