Job Order and Process Costing

a.Select two (2) of the following types of companies and explain whether each would use job order or process costing. Be sure to explain and support your answers.

1.A law firm

2.An oil refinery

3.A soda manufacturer

4.A custom-home builder

b.For each of the two types of companies selected above, give at least one example each of the following costs each company might incur. Fully explain your examples.

1.Direct material

2.Direct labor

3.Manufacturing overhead

4.Selling and administrative expense