ch34 - 2 Job and Process Costing Job Costing collects costs...

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Ch 3&4 Job and Process Managerial Accounting ADM2341` 1 Ch 3&4 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: 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 09/13/2011 for the course ADM 2341 taught by Professor Managerialaccounting during the Winter '07 term at University of Ottawa.

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