When are companies likely to use a job costing system or process costing system? Describe the specific characteristics of each system and provide at least 2 examples from companies in your community for each system (at least 4 companies should be described). Explain why these companies would use one system over the other. Provide details on the types of operations (e.g. products or services) they are running, which make them more likely to prefer one system over the other.
Thread must be 350 words directly addressing the forum prompt.
Cite the textbooks and scholarly articles from professional accounting and business journals. Use at least 3 journal articles . Adhere to current APA format in all posts.
Book: Blocher, E. J., & Hicks, M. (2019). Accounting for decision making: Text and study guide.
Job Order versus Process Costing
Thread describes when companies would use different methods of costing.
12 to 11 points
Thread clearly and explicitly describes the characteristics of both systems.
Characteristics are well developed.
16 to 15 points
Several appropriate examples provided
Synthesis of Material Originality
19 to 17 points
Thread conforms to the instructions.
Content is well developed. Included originality of thought. Paragraph structure and flow is excellent.
Analysis of the technique selected is provided.
Questions are answered thoroughly and supported using substantial research data
Grammar/Spelling and APA formatting
13 to 12 points
Student used correct grammar or spelling errors
Text and Journal Support
12 to 11 points
Thread contains appropriate word count and content supported with text and relevant scholarly research data