ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Job Costing is suitable for which of the following

    company?┬а
    A Sugar company Correct Answer Incorrect Answer
    B Cement company Correct Answer Incorrect Answer
    C Paper company Correct Answer Incorrect Answer
    D Garage company Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Job Costing or Job Order Costing means ascertaining the cost of a specific job.┬а It is used by industries that perform specific jobs related to the customized needs of the customers. Example тАУ selling the contract of printing papers or construction industry, interior decoration, garage, etc.┬а┬а Industries like sugar, cement, paper, etc. that perform jobs which are of similar nature and involve homogenous product use Batch costing.

    Practice Next
    More Financial Management Questions
    ask-question