Question

• What kinds of companies do you envision using process costing?
• The book gives us several examples of industries that might use process costing. Pick an industry listed and select two companies from that industry.
• Go to their website and find out a little about their products.
• Discuss what types of raw materials, direct labor, and overhead you see them accounting for.

Answer 1

sol;

Companies that one will envision whereas mistreatment job cost accounting includes - construction corporations, retail corporations, consulting and law corporations, house designers etc. corporations ar Deloitte & Touche, Boeing etc.

(Since we've no plan regarding examples book has) Here ar some samples of corporations and their indistry that uses job cost accounting ar aviation business, consulting law and public accounting corporations and 2 corporations from this indiustry ar "Boeing" And "Deloitte and Touche".

Deloitte ANd Touche is an firm and uses job cost accounting for its shoppers whereas Boeing is craft makers and uses job cost accounting to apportion price to every product.

For "Boeing" stuff includes purchased components and labor includes engineering whereas overhead includes different prices of electricity, merchandising prices etc

For "deloitte and touche" stuff embodys accounting software system and laptops and labor includes professionals and staff appointed whereas overhaeds include electricity, stationery, different equipments, rent etc.

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