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Some Companies Use Process Costing and Some Use Job-Order Costing

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Some companies use process costing and some use job-order costing. Which method a company uses depends on its industry. A number of companies in different industries are listed below:1. Construction company that builds office buildings2. Winery that produces a number of varietal wines3. Cement manufacturer4. Mushroom farm that produces the standard button mushroom in caves5. Aluminum refiner that makes aluminum ingots from bauxite oreRequired:For each company, indicate whether the company is most likely to use job-order costing or process costing.


Definitions:

Floor Space

Floor space refers to the total area available for a particular use within a building or structure, often measured in square feet or meters.

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