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Rosa Rosa
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Which of the following is a similarity between job order costing and process costing systems?

▸ Both produce many different types of products, often to customer specifications.

▸ Both systems track cost flows from Raw Materials to Work in Process, from Work in Process to Finished Goods, and from Finished Goods to Cost of Goods Sold.

▸ Both accumulate costs on a job cost sheet.

▸ Both accumulate product costs in each production department during the period.
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Managerial Accounting


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djl4909djl4909
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A month ago
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Both systems track cost flows from Raw Materials to Work in Process, from Work in Process to Finished Goods, and from Finished Goods to Cost of Goods Sold.

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Rosa Author
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