chat off
Toll Free:
order now
most popular orders
Accounting Essays
Biology Essays
Environment Essays
Law Essays
Literature Essays
Management Essays
Marketing Essays
Music Essays
Religion Essays
Technology Essays

Paypal

 
 
← Strategic Management and Business PolicyLean Manufacturing →
Live Chat

DB Forum Reply

Buy custom DB Forum Reply essay

The facts stated about job costing and process costing in thread 1 is true. This is because process costing produces a single product in a continuous basis and all the products produced from this system are identical ( Blocher et al, 2010). This makes companies that produce chemical products, food products or plastic products to consider this system since they produce a single product. In addition to this, under process costing, departments accumulate costs rather than a particular order to ensure uniformity of the unit cost assigned to each product (Reeve, 1991). Management accountants rely on process costing information while making pricing decisions and product mix decisions. Currently, most managers rely on process costing information in carrying out C.V.P. analysis to identify departments that perform poorly and make decisions whether to drop these departments (Reeve, 1991). Moreover, managers use information from process costing to carry out analysis on the optimum product mix that they will adopt to ensure that the company achieves maximum profitability.

The facts stated about job costing are also true. In job costing, material labor and overhead costs are assigned to a particular order from a customer. This is because in each production run, the production department works on many different jobs and each job may require special processes (Blocher et al, 2010). Job cost sheet is an important document that helps in controlling the accumulation of costs in each job (Williams, 1985). This form of costing is also common in companies involved in construction works and companies manufacturing goods that are released in discrete batches. It is also true that accounting in job costing is more accurate than process costing since separate cost account is kept for each job and this makes it easy to identify costs at a particular time. Most companies using job-costing system opt to use activity based costing to allocate their costs since it helps managers to identify costs with their specific cost drivers (Williams, 1985).

Buy custom DB Forum Reply essay

Order Now
Orderhesitating

Related essays

  1. Lean Manufacturing
  2. Knowledge Creation
  3. Strategic Management and Business Policy
  4. Assignment One - Change Management
 
Email:
Password:
why we are #1
More than a decade of practical
experiences working in the essay
writing business
Sustained customer satisfaction
A broad range of custom writing services
Complete confidentiality and privacy
Delivering custom papers within 3 hours
A cohesive team of outstanding, experienced writers
Free revision (within 2 days)
Direct communication with the assigned writer
Free reference and cover page
current status
At least 10 live chat and phone operators available at a time
991 active/working writers
16544 registered custom writers
2 writers passed our interviews and language tests yesterday
278 total pages completed
99% satisfied customers
9.6 of 10 writing quality and professionalism score
discounts
order now
Type of assignment:
Writer level:
Timeframe:
Cost per page: ...
Number of pages:
Total without discount: ...
categories
Buying an Essay
Essays for Sale
Good Advice
Purchase Term Paper
Research Paper Ideas
Student's Life
Using Writing Service
Writing a Reflection Paper
Writing an Essay
Writing Papers Guide
Writing Term Paper
categories
Surprising Benefits of Volunteering
Getting Prepared to Finals
Five Lessons About The Entire Career That Your First Job Can Teach You
Academic Success in the College
5 Steps to Earning a Living through Blogging

15% off your first custom essay order. Order now

PRICES
from $12.99/PAGE
X