UNH Difference Between Process and Job Order Costing Discussion
Help me study for my Accounting class. I’m stuck and don’t understand.
Process Costing and Job Costing are the two full absorption methods of inventory costing. Both assign direct costs and allocate indirect costs.
prepare a 1-page discussion paper discussing the difference between Process and job costing where they would be applicable. Include in your discussion a type of product that would be more suited to process costing and how the cost flow may work.