Ch 3 ADM2341A Job and Process Costing

Ch 3 ADM2341A Job and Process Costing - Ch 3&4 Job and...

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Ch 3&4 Job and Process Managerial Accounting ADM2341` 1 Ch 3 Product Costing Systems Production classifications: Unit: identifiable job Batch: batches of items Process: similar products through several departments Key purpose: How to arrive at a per unit cost under these production arrangements Auto service Rolex watches Cereal
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Unformatted text preview: Ch 3&4 Job and Process Managerial Accounting ADM2341` 2 Job and Process Costing Job Costing collects costs for each identifiable job or batch( unit or batch production process) Ex: Process costing collects costs for a period and averages them over units produced (assembly line or process production process)...
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This note was uploaded on 02/03/2010 for the course ADM ADM2341 taught by Professor Edden during the Winter '09 term at University of Ottawa.

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Ch 3 ADM2341A Job and Process Costing - Ch 3&4 Job and...

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