Examlex
Discuss the three characteristics of an effective control system in an organization.Illustrate each characteristic with a specific example from an organization of your choosing.
Job Order System
An accounting system that tracks costs individually for each job, suitable for manufacturing processes that differ significantly from job to job.
Manufacturing Overhead
Indirect factory-related costs incurred in the production process, such as depreciation of equipment and utility costs.
Factory Labor
It refers to the workforce engaged in manufacturing processes, often within a factory setting, and encompasses all labor costs directly associated with the creation of a company's products.
Manufacturing Overhead
Indirect costs related to manufacturing that are not directly tied to specific product units, such as factory rent or maintenance.
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