Job costing is ________.

Question

Quizplus · Accepted Answer

Job costing is used by businesses to price unique products for different jobs. It involves identifying and accumulating the costs associated with a specific job or project, such as material costs, labor costs, and overhead costs, to determine the total cost of the job or project. This allows the business to accurately price the product or service offered to the specific customer or client, based on the direct and indirect costs incurred for that job or project.

Job Costing Is ________