Question

Job Costing Versus Process Costing. Indicate whether each of the firms listed in the following would...

Job Costing Versus Process Costing. Indicate whether each of the firms listed in the following would use job costing or process costing.

  1. Dairy farm

  2. Builder of pools

  3. Candy bar producer

  4. Legal firm

  5. Upholstery repair shop

  6. Sports drink producer

  7. Toner cartridge producer

  8. Custom home builder

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Answer #1

Dairy farm - Process costing

Builder of pools - Job costing

Candy bar producer - Process costing

Legal firm - Job costing

Upholstery repair shop - Job costing

Sports drink producer - Process costing

Toner cartridge producer - Process costing

Custom home builder - Job costing

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