Distinguish between job costing and batch costing

Assignment Help Cost Accounting
Reference no: EM132610059

Question 1: Distinguish between job costing and batch costing, citing TWO (2) examples of industries that would employ each.

Question 2: Cite two (2) examples of work that may be done using specific order costing and two (2) examples of work that may be done using costing for continuous work.

Reference no: EM132610059

Questions Cloud

How has your work experience and internship enabled you : In a 2 page paper relate your IT experience to the learning and the readings you have done in your program. How has your work experience and internship enabled.
Brief description of a desired trait of a cell : If you were building a cell from scratch what qualities (or abilities) would you want that cell to have? Formulate a brief description of a desired
Discuss pros and cons which might arise toward passing bill : As a junior congress person you have been asked to help promote a bill to allow casino gambling in your state. There is much opposition to this bill.
Key process considerations and related testing activities : Describe key process considerations and related testing activities associated with the manufacture of their various constituents in the sequence
Distinguish between job costing and batch costing : Cite two (2) examples of work that may be done using specific order costing and two (2) examples of work that may be done using costing for continuous work.
Gizmos dichotomous keys : Which spieces of butterfly is this gizmos dichotomous keys
How can you use a database in your daily lives : How does understanding various Microsoft Office applications enhance productivity in education, the workplace, and at home? How can you use a database in your.
Regulate glucokinase and glucose 6-phosphatase : How do hepatocytes sense changes in blood glucose levels in order to properly regulate glucokinase and glucose 6-phosphatase
Network scanning techniques : What type of information can be obtained by using network scanning techniques and why it is an important intelligence gathering process.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Calculate cost of goods sold and cost of ending inventory

Given the following data, calculate cost of goods sold and the cost of ending inventory.

  Draw one graph showing average fixed costs

Using Excel, draw one graph showing average fixed costs, average variable costs, average total costs, marginal revenue, and marginal costs.

  What other factors other than costs should pagoda consider

What other factors, other than costs, should Pagoda consider? How would you weight these factors? Given the above, how might you use a weighted-point evaluation system to evaluate the two options?

  Explain what static and flexible budgets are

Explain what static and flexible budgets are and how they relate to each other? What is a standard cost system and why is it used?

  Compute inventory amounts at the end of each year

Compute inventory amounts at the end of each year, including January 1, 2018. On January 1, 2018, the National Furniture Company adopted

  What is the journal entry to record labor variances

Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for the 100 units of Product AA

  Evaluate approximate activity cost driver rates

Evaluate approximate Activity Cost Driver Rates (ACDR) for the drivers you have chosen.

  Discuss the company consists of painting equipment

The company uses job costing and applies overhead on the basis of direct labor hours. Overhead for the company consists of painting equipment

  Prepare journal entries to record the march transactions

Prepare journal entries to record the March transactions in the General Journal below. Remember that Debits must equal Credits.

  Calculate the profit that hard knock manufactures

Assume that each bat is sold at R4 500, calculate the profit that Hard Knock Manufactures make if they both manufacture and sell 8 000 bats

  Explain the difference between actual and normal costing

Explain the difference between actual and normal costing. When a single, volume-based cost driver is used to apply manufacturing overhead, what is the managerial accountant's primary objective in select- ing the cost driver?

  Evaluate managements discussion and analysis

Evaluate managements discussion and analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd