contrast the requirement used for determining product cost to support short term management decisions with...

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Accounting

  1. contrast the requirement used for determining product cost to support short term management decisions with those used for long term management decision purposes.
  2. explain the difference between job costing and process costing. give three examples of business that you think would used
  3. explain the meaning of the following terms in the schedule of cost of goods manufactured:
  • total manufacturing cost
  • manufacturing cost to account for.
  • cost of goods manufactured.

short answer

  1. visit the websites of a firm producer such as disney, MGM or warner brothers
  • Walt disney studio www.disney.com
  • MGM www.mgm.com
  • warner Brothers www.warnerbros.com

required

read about the company recent (or upcoming) film released then discuss why or why not, job costing would be an appropriate costing method for feature firm production

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