In a 1-2 page paper, please complete the following:
Review the financial statements from the company you chose in week one.
Discuss the types of costing method(s) the company uses. Give 1-2 examples of each method presented.
Discuss why you believe these costing method(s) are appropriate for the products manufactured.
Be sure that the paper has no spelling or grammatical errors.
APA format
Below is straight from my book: looks like Process costing is the answer.
Process Costing
Process costing systems assign costs to products that are similar and produced over a determinate amount of time.
Example:
Coca-Cola uses the process costing method.l Because this company mass-produces its items, the job cost process can identify specific products and assign costs.