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1. In what business situations would job order costing be used? 2. In what business situations would process costing be used? 3. What is the

1. In what business situations would job order costing be used?

2. In what business situations would process costing be used?

3. What is the difference between FIFO and weighted average process costing?

4. What are the three methodologies for determining overhead rates?

5. What are the advantages & disadvantages of single plant wide, departmental and activity based costing?

6. What situations would you see single plant wide, departmental and activity based costing be used?

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