1. discuss the definition, application, and benefits of job order costing and process costing. Compare and contrast the two methods. Superior papers will mention and explain the following elements: Define job order costing as the detailed accumulation of production costs attributable to specific units or group of units. Define process costing as the accumulation of production costs for lengthy production runs involving products that are indistinguishable from each other. Job order costing generally applies to customized products or projects. Process costing generally applies to large batches of identical product units. The narrative will compare and contrast the two costing methods.
2. identify a company that you believe would use job order costing and another company that you believe would use process costing. Identify a third company that uses activity-based costing allocations. Discuss why each might use the method you identified with them. Compare and discuss the similarities and differences you see in the companies.
The increase in mobile phone use has transformed the way we live, communicate and do business. Mobile phone can also be the cause of social or medical problems especially among students. What forms do these problems take? Do you think the advantages outweigh the disadvantages of mobile phones? As the Manager of Institute of Occupational Safety and Health you are asked to write an analysis report to your Director explaining the above scenario. ( 2500 words Min excluding reference).
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