Consider a service or manufacturing business that could or should use job order costing systems. How would it be used and what benefits could it provide to the organization? Which account is used in the job order cost system to accumulate production costs for individual jobs?

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Module 02 Discussion

Job Costing Examples

Consider a service or manufacturing business that could or should use job order costing systems. How would it be used and what benefits could it provide to the organization? Which account is used in the job order cost system to accumulate production costs for individual jobs? Please be specific in your discussion.

Directions:

Discuss the concepts, principles, and theories from your textbook. Cite your textbooks and cite any other sources if appropriate.

Your initial post should address all components of the question with a 500 word limit.

Reply to at least two discussion posts with comments that further and advance the discussion topic

MODULE 03 DISCUSSION

Module 03 Discussion

Cost Systems What type of industries are best suited for process cost systems? Discuss how the process cost system is tracked and recorded for one of the following types of business: (a) TV assembler, (b) building contractor, (c) automobile repair shop, (d) paper manufacturer, (e) custom jewelry manufacturer? In the business type you selected, what is the most important purpose of the cost of production report and how can it improve operations in that business type?Directions:

Discuss the concepts, principles, and theories from your textbook. Cite your textbooks and cite any other sources if appropriate.

Your initial post should address all components of the question with a 500 word limit.

Reply to at least two discussion posts with comments that further and advance the discussion topic.

Requirements: 1000