ACCT 301 SEU What Types of Companies Use Job Costing Discussion
I’m working on a accounting question and need an explanation and answer to help me learn.
1)What types of companies use job costing? How are overhead allocation rates determined by these companies? Explain and analyze your answer by providing examples of two Saudi companies that use job costing
2)How are activities identified in an organization and the process of assignment of cost is used under Activity Based Costing (ABC) system? Explain. Support your answer with numerical examples.