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Jane Smith is a client that has come to you seeking start-up advice on designing an accounting system to accumulate the costs associated with her
Jane Smith is a client that has come to you seeking start-up advice on designing an accounting system to accumulate the costs associated with her new home construction business, a business in which each home is uniquely designed and built. She doesn't understand the difference between a job-order costing system and a process costing system. Draft a memo to Jane explaining the difference between the two systems. In your memo, explain why the job-order costing system is the most appropriate way to track costs for her business and how each of the following records will help her accumulate costs associated wth each home Job Cost Sheet Materials Requisition Form Labor Time Tickets Type your communication in the response area below using the word processor provided REMINDER: Your response will be graded for both technical content and writing skills. Technical content will be evaluated for information that is helpful to the intended reader and clearly relevant to the issue. Writing skills will be evaluated for development, organization, and the appropriate expression of ideas in professional correspondence. Use a standard business memo or letter format with a clear beginning, middle, and end. Do not convey information in the form of a table, bullet point list, or other abbreviated presentation
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