12 May Accounting
During week four you studied process costing and saw how this cost accounting system varied from job order costing that you learned about in week three. For your week four discussion board post I would like you do identify a publicly traded manufacturing company. BY publicly traded it means they have stock traded on an exchange such as the New York Stock Exchange. I would then like you to research a product they manufacture. Based on what you have found would they use process costing or job order costing. Why did you select the method they did. Please be sure to integrate terms and concepts you learned about in week three and four as you describe the cost accounting system they might use.
Please go to this link and read more about process costing.
http://www.principlesofaccounting.com/chapter-20/
Managerial Accounting: Creating Value in a Dynamic Business Environment (Loose-Leaf) 11e (Hilton/Platt) McGraw-Hill (2016) 9781259727016, Also available in Hardcover ISBN: 9781259569562
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