For Each of the Following Organisations,indicate Which Type of Costing

question 45

Essay

For each of the following organisations,indicate which type of costing system would be the most appropriate: job costing (JC),or process costing (PC).
$$\begin{array} { l l l } \text { Accounting fim } &\underline{\quad\quad\quad\quad}& \text { Saft dink producer }&\underline{\quad\quad\quad\quad } \\\text { Construction firm } &\underline{\quad\quad\quad\quad}& \text { Law firm } &\underline{\quad\quad\quad\quad}\\\text { Toy manufacturer }&\underline{\quad\quad\quad\quad} & \text { Drug manufacturer }&\underline{\quad\quad\quad\quad} \\\text { Raw mineral extractor }&\underline{\quad\quad\quad\quad} & \text { Paint manufacturer }&\underline{\quad\quad\quad\quad}\end{array}$$

---

Definitions:

Series/Parallel

Series/parallel configurations refer to the way components like resistors or capacitors are connected in a circuit, either end-to-end (series) or side-by-side (parallel), affecting overall circuit properties.

Parallel/Series

Describes two fundamental ways of connecting electrical components in a circuit; parallel connections share two common points and series connections are made end-to-end.

Parallel

A type of computing or processing where multiple processes or circuits run at the same time, increasing speed and efficiency.