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The answer is industries that function as repairing the computers accesories.
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When is a job order costing system more appropriate than a process costing system?
Job order costing is more appropriate than process costing when the product being produced is a custom product
Difference between job costing and process costing?
Job Order 1. Many different jobs are worked during different periods 2. Costs are accumulated by individual jobs 3. Job cost sheet is the key document controlling the accumulation of costs by a job 4. Unit costs are computed by the job on the job cost sheet while comparing these characteristics with Process costing we find that: Process costing 1. A single product is produced either on the continued basis or in the long periods 2. Costs are accumulated by departments 3. Department product report is the key document 4. Unit costs are computed by departments
What is an example of water conservation in industries?
prespiration
What is the possessive of industry?
The possessive form of the plural noun industries is industries'.Example: Many industries' management takes responsibility for their impact on the environment.
Agro based industries meaning and pictures?
Industries which use plant & animal based products as their raw materials. Food processing , vegetable oil , cotton textile , dairy products & leather industries are e.gs of Agro based industries
What is the difference between process costing and operation costing?
Process costing and operational costing systems are used in accounting, usually in relation to the manufacturing sector. Both refer to the costs of production, but they differ in terms of methodology and application. Process costing is used in industries where the products are all basically the same, such as bricks or cement. Operational costing, on the other hand, is used in industries where the products are similar but may have some variation in terms parts or the quality of materials.
What is the characteristics and purpose of Job Costing and Process costing?
what is the purpose of process costing?
What is the and purpose of Job Costing Process Costing?
outline the characteristics and purpose of: Job costing and process costing
Is a hospital a job costing or process costing?
a job costing
Name 5 industries that use costing and process method?
1. Your mom 2. Your dad 3. Your sister 4. Your brother 5. You!
What does the process of job costing mean in terms of business?
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.
Is Elmer's glue a job order cost or a process costing?
Process Costing
What do you mean by process costing?
The production is continuous. The product is homogeneous. The process is standardized. The output of one process becomes the raw material of another process. The output of the last process is transferred to finished stock.
What is the job costing and give you the example?
Labour costing. Material costing
Which method of costing is used in printing press?
process costing
Marginal costing is useful in?
Marginal costing is one of the technique of costing and is usefull for the decision making process. As in decision making process decision are always made for the future activities and not for past activities so if exept marginal costing any other costing method for example absorption costing method is used then there is a chance of making wrong decisions as in future decision making past decision and past data is not relevent for decision making.
Define process costing its types features applications?
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
