For each of the following independent manufacturing situations,indicate whether

Question

For each of the following independent manufacturing situations,indicate whether job-order or process costing is more appropriate and explain why

a. A manufacturer of customized vans

b. A shoe manufacturer

c. A newsprint paper mill

d. A one-time order of 50,000 indentical clips

e. A manufacturer of upscale men's suits

f. A building contractor for $500,000 homes

g. A manufacturer of airplanes

h. A maker of commercial chemicals

i. A one-size-fits-all hosiery mill

j. A manufacturer of yarn for the hosiery mill

Explanation / Answer

a. A manufacturer of customized vans Job order Costing customized products Job Order Costing is Applied by fabricators and manufacturers who produce unique special orders, customized products and even standardized products that are produced in small batches. b. A shoe manufacturer customized products and even standardized products in small batches e. A manufacturer of upscale men's suits customized products f. A building contractor for $500,000 homes customized products g. A manufacturer of airplanes customized products i. A one-size-fits-all hosiery mill customized products d. A one-time order of 50,000 indentical clips Unique special orders c. A newsprint paper mill Process Costing mass produce large quantities of the exact same . process costing is a used by manufacturers who mass produce large quantities of the exact same . mass produce large quantities of the exact same . h. A maker of commercial chemicals mass produce large quantities of the exact same . j. A manufacturer of yarn for the hosiery mill mass produce large quantities of the exact same .

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