COST ACCOUNTING

Cost Accumulation and Measurement

Job costing is defined by cost accumulation and cost measurement that support the strategic role of costing and cost flows. Managing costs is a main duty of a cost accountant.

• Discuss how the concepts of cost accumulation and cost measurement apply to direct, indirect, and manufacturing overhead costs when using job costing. Include an example of your thinking.

Provide a meaningful response to at least one of your classmates' posts.