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What companies use job order costing and process costing?What kind of businesses can use Job Costing?. Construction Industry. Job costing is commonly used in the construction industry, where costs vary widely from job to job. ... . Manufacturing Companies. ... . White Collar Businesses. ... . Medical Services Businesses. ... . Retail Companies. ... . 6. Entertainment Industry.. Which company would most likely use job order costing?Law firms and accounting businesses
Since lawyers and accountants work with different clients on unique accounts, many will use a job order costing system to track how much time and resources were used for each customer.
Would you choose to use job order or process costing?Thus, a job order cost system is used for custom jobs when it is easy to determine the cost of materials and labor used for each job. A process cost system is often less expensive to maintain and works best when items are identical and it is difficult to trace the exact cost of materials and labor to the final product.
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Would the following companies most likely use job order costing system or process costing system
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