Discussion1: Job Order and Process Costing Systems
The job cost sheet is used to accumulate the three product costs: direct material, direct labor, and factory overhead. Discuss the source documents for determining these amounts (that is, where do we get these numbers, and how we arrive at the overhead?). Why is overhead the most difficult to assign?
Discussion 2 Job Order and Process Costing Systems
Describe how the process costing system accumulates and assigns costs by comparing and contrasting to the job order costing system.