Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SKILLS DEVELOPMENT CASES S2-1 Video Case Assignment: Identifying Characteristics of Job Order Go to www.YouTube.com and search for How It's Made, a television show pr

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

SKILLS DEVELOPMENT CASES S2-1 Video Case Assignment: Identifying Characteristics of Job Order Go to www.YouTube.com and search for How It's Made, a television show pr covery Channel that shows how thousands of products and services are service for which job order costing would be appropriate, such as anima make-up, luxury sports cars, artificial limbs, or other specialized products or servce LO 2-1 produced by the Ds ed. Find a produc creat ted films, special effects Watch the video and answer the following questions: .What product or service did you choose? Why is job order costing appropriate for this setting? ribe two hy does the company that makes the product or service need a cost system? Desc decisions a manager would make based on cost information. ld ist two direct costs of making the product or service. Describe how the company wou track these costs to specific jobs, projects, or customers. List three indirect costs of making the product or service. Describe how the company would assign these costs to specific jobs, projects, or customers. What allocation base (cost driver) would be appropriate for this setting? LO 2-1, 2-2,23 S2-2 Applying Job Order Costing to an Entrepreneurial Business are going to become an entrepreneur and start your own business. Think about your or service to local customers. You can select any business venture you want, but if you are Assume you talents and interests and come up with an idea for a small business venture that provides a unique struggling to come up with an idea, here are some examples: Catering Wedding-planning consulting Video production company Pool building company Personal shopping service Interior design business Flower shop Rock-climbing guide service River-rafting company Web design company

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Teams Dynamics And Efficiency

Authors: Mara Cameran, Angelo Ditillo, Angela Pettinicchio

1st Edition

1032097000, 9781032097008

More Books

Students also viewed these Accounting questions