Job-order and process order costing?
Job-order and process order costing?
Please help me determine whether each company uses job-order or process costing. Ten points will be given to the best answer!
Here is the list of companies:
A. Electric utility
*. Frozen orange juice processor
C. Specialty coffee roaster (roasts small batches of specialty coffee beans)
D. Natural gas production company
E. Commercial photographer
F. Contract oil drilling company
Thanks for the help!
B, C, E and F probably use job order costing. Here is a web site with tutorials on how to calculate job order costing.
http://drtaccounting.blogspot.com/2008/01/job-order-costing-and-process-costing.html
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