Archive | Job Costing

Job Costing: Meaning and Features | Cost Accounting

In this article we will discuss about:- 1. Meaning of Job Costing 2. Features of Job Costing 3. Procedures 4. Advantages. Meaning of Job Costing: CIMA defines Job Costing as “that form of specific order costing which applies, where work is undertaken to customers special requirements and each order is of comparatively short duration (Compared […]

Quick Notes on Job Costing

After reading this article you will learn about: 1. Source Documents of Job Costing 2. Procedures for Recording and Controlling Job Costing. Source Documents of Job Costing: The following are the relevant documents from which information flow: (1) Job Order or Job Cost Sheet: This is the basic document used by a job order system […]

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