What differences exist for a manufacturing organization between
process costing and job order costing? What similarities are there
between the two methods? Are the two methods mutually exclusive?
Please include examples of companies using one method or the other
(or both).
Please explain the concept of equivalent units. Why
does the process costing method use them? Why doesn't job order
costing need to use them?
1. Explain the similarities and differences between job-order
costing systems and process costing systems.
List three American companies that would likely use a job-order
costing system and three other companies that would likely use a
process costing (you can list manufacturing and/or service
companies). Explain your answer (why do you think these companies
would be using such costing systems?)
Make a table or list of the major similarities & differences
between the Moon & Mercury, including three major discoveries
about Mercury made by Mariner 10 & three improved results found
by MESSENGER. Consider just intrinsic & rotational properties,
not orbital properties
Discuss the differences and similarities between these
three business forms :
1. Differences and similarities between LLC in USA vs SARL
in Lebanon
2. Corporation in USA vs S.A.L in Lebanon
3. General Partnership in USA vs. Unlimited Partnership in
Lebanon