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

question 155

Essay

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:
Custom boat builder
Frozen cranberry juice processor
Concrete block manufacturer
Winery that produces a number of varietal wines
Aluminum refiner that makes aluminum ingots from bauxite ore
Required:
For each company, indicate whether the company is most likely to use job-order costing or process costing.

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Definitions:

Myocardium

The muscular tissue of the heart responsible for its contraction and relaxation, facilitating blood pumping throughout the body.

Cardiac Muscle

Striated, involuntary muscle tissue found only in the heart.

Medulla Oblongata

The lowest part of the brainstem, controlling vital functions such as heart rate, breathing, and blood pressure.

Autonomic System

Portion of the peripheral nervous system that regulates internal organs.