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Job Order Costing & Process Cost Systems

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Running head: JOB ORDER COSTING & PROCESS COST SYSTEMS 1 Job Order Costing & Process Cost Systems Joey D. Finley Kaplan University Managerial Accounting AC239-02 Edward Kaplan March 26, 2011
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Job Order Costing & Process Cost Systems Professor and Class, I never like to assume, because we all know what happens when you assume, but if I were put in a managerial position in the manufacturing operations department, specifically dealing with the custom ordering division I would make sure all the crucial manufacturing information would be tracked properly. Since my part of the company would be making custom orders of fine jewelry, I would use a “job order cost system” because it will provide product cost for each quantity of unique product manufactured. The imperative information to be track would be; the product costs including direct materials, direct labor, and factory overhead and inventories including materials, work in process, and finished goods. Certain documents
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