Similarity and difference between service and manufacturing

Assignment Help Accounting Basics
Reference no: EM13135676

Discuss the use of job order costing for professional services businesses. What are the similarities and differences between service and manufacturing business job order costing?

Reference no: EM13135676

Questions Cloud

Which method best tracks the wear and tear on the van : Which method best tracks the wear and tear on the van? Which method would Southern’s prefer to use for income tax purposes? Explain in detail why Southern’s prefers this method.
Fast-paced actioned packed : Atlantis Rising is a fast-paced actioned packed mythological romance and the first in a paranormal series featuring social worker Riley Dawson and her love interest Conlon the high priest of Atlantis. Despite his sworn oath to protect the humans and ..
What will chun income statement for the year ended : Report Chun Book Store’s plant assets on the company’s balance sheet at December 31, 2010. What will Chun’s income statement for the year ended December 31, 2010, report for this situation?
Case scenario islamic head scarf versus freedom : It is said that a person's freedom ends where it encroaches on another person's rights. Give your interpretation of this idea using examples. Do freedom and individual rights have a universal meaning or should they be defined differently in differ..
Similarity and difference between service and manufacturing : Discuss the use of job order costing for professional services businesses. What are the similarities and differences between service and manufacturing business job order costing?
Problem related to deposits or withdrawals : If Kelly deposits $10,000 into an account that pays 8 percent interest, compounded annually, and she makes no further deposits or withdrawals, how much will Kelly have in her account at the end of 5 years?
Define multiple regression equation-slopes in the equation : Complete the following tasks: State the multiple regression equation. Interpret the meaning of the slopes in the equation.
Determine the cost of ayer land-improvements : . It also paid $55,000 for a fence around the property, $14,000 for the company sign near the property entrance, and $8,000 for lighting of the grounds. Determine the cost of Ayer’s land, land improvements, and building.
Essay topic "natural weight loss versus weight loss surgery : creating a thesis and outline for a "compare and contrast" essay. The essay topic is "natural weight loss versus weight loss surgery".

Reviews

Write a Review

Accounting Basics Questions & Answers

  How is the amount of the gift reported on the estate

On his deathbed, Chester gave his live-in caregiver $5,113,000 of listed bonds, incurring a gift tax liability of $35,000. After Chester died, the executor of his will filed a gift tax return and remitted the gift tax to the IRS. Assume Chester's ..

  What it was designed to accomplish

Regarding the gift splitting provision of 2513, comment on the following.

  Determine the amount of sales revenue

Find out the amount of sales revenue dorough will report on the first 2012 quarterly proforma income statement. Prepare cash receipts schedule for the first quarter of 2012

  Decisions are stored online

A business simulation game that is used by colleges and universities all over the world has students submit decisions over the Internet. Decisions are stored online, processed on the server, and then the results are stored online.

  Real property or personal property

Does a mobile home owned by a client qualify as real property or personal property for each state? What difference to the client would it be if it were classified as either?

  Describe costing methods for inventory control

Describe costing methods for inventory control, denominator-level capacity concepts and cost capacity analysis?

  Which of the following is deductible as a medical expense

The cost of which of the following expenses is NOT deductible as a medical expense on Schedule A, before the 7.5% of adjusted gross income limitation?

  Erroneously to repairs expense

Kentucky Enterprises purchased a machine on January 2, 2010, at a cost of $120,000. An additional $50,000 was spent for installation, but this amount was charged erroneously to repairs expense. The machine has a useful life of five years and a sal..

  Investment using the equity method

What amount of unrelaized gross profit must Panner defer in reporting this investment using the equity method?

  Difference between kamaths and gehrs

What is the difference between Kamath's and Gehr's required rates of return? (Hint: First, find the market risk premium, then find required returns on the stocks.)

  Bond market price of callaghan motors

Callaghan Motors' bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8 percent

  Determine the number of common shares issued

The 2008 annual report for Fortune Brands, the seller of Pinnacle golf balls and MasterLock padlocks,disclosed that 750 million shares of common stock have been authorized.

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