Describe how a job order cost system can be used for professional service businesses.

What is Job order cost accounting.  Compare it to Process cost accounting.

Think about a service you have been involved with and describe how job-costing might be implemented by that service provider, including overhead and stating where costs would fall.

How does job costing and process costing impact a business environment's performance and the bottomline?

Why might a company choose a process costing system over a job order costing system? How are the two systems similar, and how are they different?

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Which one of the following best describes a job cost sheet? A. It is a form used to record the costs chargeable to a specific job and to determine the total and unit costs of the completed job. B. It is used to track manufacturing overhead costs for specific jobs. C. It is used by management to understand how direct costs affect profitability. D. It is a daily form that management uses for tracking worker productivity on which employee raises are based.

Describe a situation in which you would use job order costing information for a product.  What specific costs would be on the job order costing sheet? What is a service that might utilize job order costing?

In a job order cost accounting system, when goods that have been ordered are received, the receiving department personnel count, inspect the goods, and complete a a.

What are the cost estimation methods? What is their importance and can you provide an example of how these methods are used in the workplace.