List three nonmanufacturing businesses in which process costing could be used. For example, a public accounting firm could use process costingto accumulate the costs of processing clients’ tax returns.

Which costing method is best used in the trucking industry (ABC, Job Costing, Process Costing) Give sound reasoning to explain why this method will work best for this business.

What is the best reponse to this post? ob costing is a way for businesses to manage the costs and profitability of a specific job or project. This type of cost accounting is most beneficial to companies that make custom/unique products. An industry that may choose job costing is a construction company. They may specialize in a particular service, such as installing water pipes underground, but each project will vary in size, length, location, etc. They would use this method because each project would vary widely, so you could not spread the costs evenly for each one. Process costing is a way of evenly spreading costs for their products because all products are either mass-produced or very similar. An example of a company that would use process costing is a paper company. They produce one product in large quantities to allocate the costs evenly for each batch produced. The main difference between the two is how the overhead is assigned to the product, where job costing is more for…

Discuss how a CPA firm could use a job order cost system?