Wed. Breakout Job-Order Costing

Wed. Breakout Job-Order Costing - Job-Order Costing:...

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Copyright © 2009 School of Accountancy, Arizona State University Job-Order Costing: Overview Job-order industries produce a wide variety of products or jobs that are distinct. Costs are accumulated by job in a job-order costing system. Each job is documented on a job-order cost sheet. Some firms produce identical units of the same product. The costs of each unit are also the same. This is a… Process-costing costing system
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Copyright © 2009 School of Accountancy, Arizona State University Cost Measurement Classifying the costs and determining the dollar amounts for direct materials, direct labor and overhead. Methods of measurement Actual costing: uses actual costs for direct materials, direct labor, and overhead Normal costing : uses actual costs for direct materials and direct labor but measures overhead costs on a predetermined basis Cost Accounting System
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Copyright © 2009 School of Accountancy, Arizona State University Cost Accounting System Unit cost is made up of
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This note was uploaded on 01/07/2012 for the course ACC 241 taught by Professor Karengeiger during the Fall '08 term at ASU.

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Wed. Breakout Job-Order Costing - Job-Order Costing:...

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