Question
You have just been hired by a new company, ABC Inc. and have been asked to determine if process costing or job order costing is
You have just been hired by a new company, ABC Inc. and have been asked to determine if process costing or job order costing is more appropriate for the organization and to communicate your findings to upper management. In order to make this determination you would look at:
| the amount of time it would take the new organization to create a costing policy under each method
| |
| the potential increase in sales the company expects in the next three years (It's not "C") | |
| the prime costs associated with the product the organization produces
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| the type of product/service the organization produces |
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