Question
Granite Construction Incorporated is one of the largest construction contractors in the United States. The companys jobs include providing construction services in the area of
Granite Construction Incorporated is one of the largest construction contractors in the United States. The companys jobs include providing construction services in the area of transportation, mining, tunnels, and oil and gas. A recent project for Granite Construction involved building the International Airport Terminal for the Dallas/Fort Worth airport. 1. Should Granite Construction Incorporated use a job order costing system or a process costing system for this project? Why? Explain. 2. What would be examples of direct materials, direct labor, and manufacturing overhead costs that would be recorded in building an international airport? 3. When should raw materials and direct labor associated with the building of an international airport be assigned?
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