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Company Overview : Identify the company you selected and provide a brief overview of its business. Is it manufacturing, merchandising, or service organization? Costing Methods

  • Company Overview: Identify the company you selected and provide a brief overview of its business.
    • Is it manufacturing, merchandising, or service organization?
    • Costing Methods: Compare the job order and process costing methods, and explain how each of these can be applied to the company.
      • How could the costs differ if one method is chosen over the other?
      • Factory Overhead: Outline possible indirect or overhead costs the company may need to account for and identify the type of costing the company might use for these costs.
        • If the company decides to use activity-based costing (ABC), what are some activity bases (cost drivers) it might use to allocate these costs?
        • Recommendation: Based on your analysis, recommend a costing method for the company, and explain why you think this method will work best for the business.

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