What types of businesses can use a job costing system?

Question

Quizplus · Accepted Answer

A job costing system can be used by service, manufacturing, and merchandising businesses that produce customized or unique products or services. This system allows businesses to calculate the costs associated with each individual job or project, which helps in determining the profitability of the business and in pricing the products and services offered. Therefore, all three types of businesses can benefit from using a job costing system.

What Types of Businesses Can Use a Job Costing System