Question 1

a) For each of the following businesses, indicate whether job or process costing is more appropriate and explain your answer.

i) Engineering consulting firm

ii) Manufacturer of custom-built hot tubs and spas

iii) Accounting firm

iv) Manufacturer of party balloons

v)A printing company manufactures notebooks of various sizes. The company manufactures 3,000 notebooks each day

vi) Television repair

• b) Can a company use both job order costing and process costing? Why or why not?