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Would process cost accounting or job order cost accounting be best suited for each of the following. Give reasons for your answers. TV assembler building

  1. Would process cost accounting or job order cost accounting be best suited for each of the following. Give reasons for your answers.
  2. TV assembler
  3. building contractor
  4. automobile repair shop
  5. paper manufacturer
  6. custom jewelry manufacturer
  7. What are the two main inventory methods used in process costing? What are the differences between these methods?
  8. At the end of a period, what balance should remain in the Factory Overhead account?

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