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What are the major differences between job-order costing and process costing systems? Give an example of...

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Accounting

What are the major differences between job-order costing andprocess costing systems? Give an example of a well-known companythat might use job-order costing and an example of a well-knowncompany that might use process costing. Explain why you have chosenthe companies that you did, specifically why job order costing orprocess costing are used. Do not choose companies that yourclassmates have already commented upon. Participate in follow-updiscussion by critiquing your classmates' choices of companies.

Please include proper citations in your discussion post.

Please provide a original answer.

Answer & Explanation Solved by verified expert
4.1 Ratings (594 Votes)
1Job costing is primarily used by the companies when they are producing different types of customized products on customer demand or no work orders whereas process costing is a continuous process where output    See Answer
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