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Juneau Container makes steel storage canisters for various chemical products. The company uses a job order costing system and obtains jobs based on competitive bidding.
Juneau Container makes steel storage canisters for various chemical products. The company uses a job order costing system and obtains jobs based on competitive bidding. For each project, a budget is developed. One of the firm's products is a gallon drum. In the past year, the company made this drum on four separate different occasions for four different customers. Financial details for the four orders are below.Assume that you are the company's controller. Name problems you perceive in the data presented? What is one step that should be taken to eliminate the recurrence of the problem?
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