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Job costing in service vs. manufacturing

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Fundamentals of cost accounting - 3rd edition

1. How is job costing in service organizations different from job costing in manufacturing environments?

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Solution Summary

Your tutorial is 165 words and describes the main differences between job costing in manufacturing firms versus job costing in service firms.

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In a word, yes. The basic process for the computations is the same but big differences exist. In a manufacturing business, the jobs will contain direct materials and direct labor attributed to the job and then some portion of factory overhead that is applied to it. The direct costs can be ...

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