Job costing is “a costing system that accumulates costs and assigns them to specific jobs, customers, projects, or contracts” (Blocher, 2013). Although it is difficult to implement job costing, these costs are collected based on a specific product or service and this method is likely to be used when some companies offer services and products (Roberts, 2007). The job costing method called the push method is the one that is used when the job has one product or several products in one batch. When a single customer uses the amount of products offered, this is referred to as pull method. A cost sheet is the tool used in job costing through production processes in order to monitor and document material costs, labor costs, and overhead factory costs.
Job costing is “a costing system that accumulates costs and assigns them to specific jobs, customers, projects, or contracts” (Blocher, 2013). Although it is difficult to implement job costing, these costs are collected based on a specific product or service and this method is likely to be used when some companies offer services and products (Roberts, 2007). The job costing method called the push method is the one that is used when the job has one product or several products in one batch. When a single customer uses the amount of products offered, this is referred to as pull method. A cost sheet is the tool used in job costing through production processes in order to monitor and document material costs, labor costs, and overhead factory costs.
Job costing is “a costing system that accumulates costs and assigns them to specific jobs, customers, projects, or contracts” (Blocher, 2013). Although it is difficult to implement job costing, these costs are collected based on a specific product or service and this method is likely to be used when some companies offer services and products (Roberts, 2007). The job costing method called the push method is the one that is used when the job has one product or...