When companies accumulate costs, they generally use either a job order or a process costing system. The type of system used often varies based on the type of product or service provided. Examine your experiences with a current or former employer and a product or service provided by this employer.
Respond to the following:
- Identify and describe the type of cost accumulation system that was used.
- Explain how the system was used and, specifically, how overhead was allocated.
Support your responses with reasons and examples.Write your initial response in 3%u20134 paragraphs.