Question: Please pick the best inventory costing system for the following businesses.
Answer
- Klein Co. a custom jewelry manufacturer
- Friday-Nite-Fuel, a company that makes a variety of energy drinks.
- Langley & Sons, PLLC, a small law firm specializing in criminal defense cases.
- Taggart, Industries; a manufacturing company that contracts with large automobile manufacturers to make various colors/styles of interior pieces like plastic trim and knobs.
Choices:
A. Process Costing
B. Job Costing