Question
Choose ONE of the costing systems studied in this unit from the list below, and answer the questions that follow: Job Costing Process Costing Operation
Choose ONE of the costing systems studied in this unit from the list below, and answer the questions that follow: Job Costing Process Costing Operation Costing (Hybrid Costing) Activity-based Costing (ABC) Questions: 1. Briefly discuss the features of your chosen costing system. (3 marks) 2. Identify 2 specific Australian companies that your chosen costing system is suitable for, and explain why. (3 marks) 3. Discuss two potential uses of the cost information for decision-making, to the managers in each of the 2 organisations selected in Q2 above. (3 marks)
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