Job-order Cost System Explained
6:20
YouTubeEdspira
Job-order Cost System Explained
Today’s topic is Job Costing, aka Job-order Costing. A job-order cost system is used by companies that make small numbers of distinct products. To calculate the cost of making a bib, you would first create a job cost sheet. This is just a document that lists all the costs of the job. Next, you would assign costs to the job as it moves through ...
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Direct Labor Cost Calculation
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