In this module, the discussion focuses on the similarities and differences among costing systems. You should be able to describe the systems and also identify which system would be most appropriate for a company and why that would be the case.
Describe the differences between job order costing, process costing, and Activity Based Costing (ABC). What are the advantages and disadvantages of each system? Imagine a company that you might be a manager for. Describe that company and what their major product or service would be. Then, tell which cost system would be best suited to that firm and why.
Post your initial response to the discussion question no later than Thursday 11:59 PM EST/EDT. You will not be able to see any of your classmates’ posts until you have posted your initial response.
- If you are posting your initial response, click the Start a New Thread button.
- If you are responding, click the Reply to Thread button for the thread you wish to respond to.
Respond to at least two of your classmates no later than Sunday 11:59 PM EST/EDT.