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Georgia State University Accounting Job Order and Job Costing DiscussionContent Type

Georgia State University Accounting Job Order and Job Costing DiscussionContent Type

Georgia State University Accounting Job Order and Job Costing DiscussionContent Type

 

1.Now that the difference between job order and process costing has been established, do you think both types of systems are necessary to accurately reflect the costs of products? Why, or why not? Answer in couple sentences 

2.  After reading and reviewing the material about job order and process costing, , I can now see the similarities but differences between the two costing methods.  I believe that both types can be necessary to reflect the cost of products accurately, but depending on a few factors.  The first one being the type of business, industry, product, or manufacturing that needs to be assessed.

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