Discussion Post: FIFO Method of Process Costing
What are the major differences between job-order costing and process costing systems? Give an example of a well-known company that might use job-costing and an example of a well-known company that might use process costing. Explain why you have chosen the companies that you did, and do not choose companies that your classmates have already commented upon.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.