ACC 543 Week 3 Discussion 1 | Assignment Help | University Of Phoenix

ACC 543 Week 3 Discussion 1 | Assignment Help | University Of Phoenix 


Week 3 Discussion - Costing Systems


Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member. 

 

The type of product a company produces affects the type of accounting system needed to determine product cost. The 2 most common types of costing systems are job-order costing and process costing.

 

Respond to the following in a minimum of 175 words:

·         Compare and contrast job-order and process costing systems. How can events in a job-order costing system affect financial statements? How can events in a process costing system affect financial statements? Provide specific examples for each type.

 

Reply to at least 2 of your classmates or your faculty member. Be constructive and professional.

 

 

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