How to assign the cost of direct labor to each job

Reference no: EM13770598

Interview an accountant who works for a service organization that uses job-order costing. For a small firm, you may need to talk to an owner/manager. Examples are a funeral home, insurance firm, repair shop, medical clinic, and dental clinic. Write a paper that describes the job-order costing system used by the firm. Some of the questions that the paper should address are:

a. What services does the firm oiler?

b. What document or procedure do you use to collect the costs of services per formed for each customer?

c. How to assign the cost of direct labor to each job?

d. How do assign overhead to individual jobs?

e. How do you assign the cost of direct materials to each job?

f. How do you determine what to charge each customer?

g. How do you account for a completed job?

Reference no: EM13770598

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