Question one:Let’s begin by discussing when job order costing systems would be more effective than a process costing system. Please give examples of types of businesses where each would be appropriate. Do these costing systems apply only to manufacturing?(150 words)
Question two: Jean Jackson estimated that the units in ending inventory in the final processing department were 25% complete with respect to the conversion costs of the final processing department. If this estimate of the percentage completion is used, what would be the cost of goods sold for the year? (150 words)
