Monday, September 23, 2019

Which of the following industries would typically use job order costing, and which would typically use process costing?

Which of the following industries would typically use job order costing, and which would typically use process costing?

Steel manufactuirng
Computer chip manufacturing
Business consulting
Candy making
Web designer
Designer clothes manufacturing


Answer:
Steel manufacturing | Process
Business consulting | Job order
Web designer | Job order
Computer chip manufacturing | Process
Candy making | Process
Designer clothes manufacturing | Job order


Which of the following industries would typically use job order costing, and which would typically use process costing?

Shipbuilding
Movie studio
Gasoline refining
Plastic manufacturing
Flour mill
Home construction


Answer:
Shipbuilding | Job order
Gasoline refining | Process
Flour mill | Process
Movie studio | Job order
Plastic manufacturing | Process
Home construction | Job order

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