JOB COSTING

JOB COSTING








Job Costing
Kellie Brown
Financial Analysis II
Date: November 3, 2003



Job Costing
Our team will attempt to explain the following accounting/ finance topic. The topic selected is Job Costing. During this summary/ outline we will try to portray and develop an in-depth knowledge and understanding of this topic. We will attempt to define job costing. We will discuss/ outline aspects that are associated with job costing. We will discuss/ outline some key features of job costing, and questions you should ask yourself about job costing.
What is Job Costing?
Job costing is the detailed aspect of a business/ organization in a financial sense. It is the process of breaking down each system of a product necessary for production. The key word here is cost.
Organizations that do not consider themselves job shops often have certain special projects that may last several months, and involve multiple manufacturing orders. “J...