Question
Search the Internet and find the websites of two manufacturers. After reviewing the websites, decide if you think each manufacturer uses job or process costing.
Search the Internet and find the websites of two manufacturers. After reviewing the websites, decide if you think each manufacturer uses job or process costing. Share your decision and explain why you came to this conclusion.
In addition, make a list of costs you think are incurred in the production and selling of products for your two manufacturers. Label the costs as direct material, direct labor, manufacturing overhead and period costs. Report a minimum of two costs in each category for each of your manufacturers.
Direct Materials- What 2 types of materials?
Direct Labor- What 2 types of labor?
Mfg OH- What 2 types of OH?
Periods- What 2 types of period costs?
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