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Discussion Post: Company Gaining an Advantage from Process Costing
Product Costing: Job vs Process Costing
YouTube Video: "Performance Evaluation: Operational Decision-Making".
Review the video Product Costing: Job vs Process Costing above.
Think of a company you worked for in the past, currently work for, or plan to work for in the future, do you think the company would benefit more from job order costing or process costing to assist them in determining the proper selling price for their product or service? Why? Be sure to provide specific, relevant examples related to your selection and include direct labor (DL), direct material (DM), and overhead (OH) costs.
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