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Job order costing is more appropriate than process costing when the product being produced is a custom product

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Job order costing is more appropriate than process costing when the product being produced is a custom product

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to undersrand

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Process Costing

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Job costing or as some may know it, Job order costing is fundamental to managerial accounting. It differs from Process costing in that flow of cost is tracked by job but not a process. The main difference is that Job costing is in the nature of jobs/work and process costing in a process.

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Job Order Costing

Operation Costing

Normal Costing

Actual Costing

Standard Costing

Kaizen Costing

Target Cost

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