Product Costing and Job Order Costing vs. Process Costing
Week 2 Discussions and Required Resources
Part 1 and Allot 2 must be at smallest 200 opinion spontaneous otherwise famed.
Please unravel all attachments and ensue ALL instructions.
Part 1: Work Cost
In Chapter 3, you were introduced to three types of costs associated after a while a artful work – frequented materials, frequented work, and manufacturing overhead. Explain how these costs are associated after a while the artful work. Why are some of these costs allocated to the work through costing methods such as job command costing or regularity costing? As allot of your vindication, fascinate unravel the proviso First Solar preview: Manufacturing costs, device command body in the spotlight (click hither for proviso) and produce a inequitable issue of this company’s manufacturing costs.
Part 2: Work Cost
Explain the similarities and differences among job command costing and regularity costing. In your sense, produce issues of when job command costing and regularity costing would be most misapply.
Schneider, A. (2017). Managerial Accounting: Decision making for the benefit and manufacturing sectors (2nd ed.) [Electronic statement]. Retrieved from https://content.ashford.edu/
· Chapter 3: Process Costing
· Chapter 4: Activity-Based Costing and Just-In-Time Costing
Trefis Team. (2014, February 24). First Solar preview: Manufacturing costs, device command body in the spotlight Retrieved from http://www.forbes.com/sites/greatspeculations/2014/02/24/first-solar-preview-manufacturing-costs-project-order-book-in-the-spotlight/
Crosson, S. (2007). Job Command Costing – 1 job & regularity [Video polish]. Retrieved from http://www.youtube.com/watch?v=9UUydo7aMxUTED