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reply to Job order costing is a simplistic way of calculating various costs, direct, indirect, labor, and overhead throughout the manufacturing of a specific project
reply to Job order costing is a simplistic way of calculating various costs, direct, indirect, labor, and overhead throughout the manufacturing of a specific project in a relatively precise manner to determine its profitability. Some of the advantages of job order costing is it allows one to track productivity, avoid future mistakes, and grow a business. Several disadvantages of this method are it can be very labor-intensive, it requires a significant amount of documentation, and a fair amount of guesswork is involved especially in the beginning. Job order costing is particularly useful in the real estate industry, construction companies and investment companies
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