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a. Cake&Craft Enterprise produces special-order, premium wedding cakes. The company uses job order costing for pricing and cost accumulation purposes. The following costs were incurred

a. Cake\&Craft Enterprise produces special-order, premium wedding cakes. The company uses job order costing for pricing and cost accumulation purposes. The following costs were incurred on two jobs: The company adds a 60% mark-up on cost in determining the amount to charge for each job. Prepare a schedule showing the cost and the amount to be charged for the two jobs. (12 marks) b. Provide explanation on job costing in terms of cost object and costs accumulation

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