Purchase Solution

Can a Spreadsheet Take the Place of Job-Costing System?

Not what you're looking for?

Ask Custom Question

Can a simple spreadsheet take the place of a job-costing system? Explain.

Provide the source and citations.

Purchase this Solution

Solution Summary

Your tutorial is 231 words and two references and describes how you could work a job-costing system in a spreadsheet.

Solution Preview

Can a simple spreadsheet take the place of a job-costing system? Explain.

Sure! It will be some work and it won't have some of the benefits of a full-feature job-costing system, but it can work. Let's see why. A job-costing system needs to keep track of direct costs per job, like materials and labor. Can you record each invoice for material and labor in a spreadsheet with a column for each job? Yes. Small homebuilders did ...

Solution provided by:
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
Recent Feedback
  • "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
  • "Thank, this is more clear to me now."
  • "Awesome job! "
  • "ty"
  • "Great Analysis, thank you so much"
Purchase this Solution


Free BrainMass Quizzes
Motivation

This tests some key elements of major motivation theories.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.