Costing Process V Job Costing Term Paper

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Another example of pure job costing is web development, where the processes themselves vary hugely from project to project, meaning the cost and time involved also varies. Response

Dosch & Wilson (2010) do seem to do a good job of defining job and process costing, and the person who posted this seems to have understood these definitions fairly well in the abstract -- that is, the definitions provided seem reasonable and the application of these definitions to businesses chosen by the poster are explained in a way that clearly links them to these definition. At the same, the poster seems to have had some trouble accurately identifying companies where job costing might be employed, despite grasping the abstract technicalities of the definition of job costing. While it is likely that an individual laborer might be able to identify that they worked on a particular section...

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A factory that churns out mobile homes probably uses the same design or designs, with the same material and a set number of hours needed to complete each home, making process costing more effective. The same is true for airplanes.

Sources Used in Documents:

References

Chan, Y. (1993). Improving hospital cost accounting with activity-based costing. Health care management review 18(1).

Dosch, J., & Wilson, J. (2010). Process Costing and Management Accounting in Today's

Business Environment. Strategic Finance, 92(2), 37-43. Retrieved from EBSCOhost.


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