SM cost management 3e ch05

CHAPTER Product and Service Costing: Job-Order System COLLABORATIVE LEARNING EXERCISE OBJECTIVES 1, 2, Use “think-pair-share” to work on this exercise First, read the following exercise Then, take one to two minutes to think of your answers Pair with another student to discuss your answers Finally, be prepared to share your responses with the rest of the class Name a product and a service you have purchased that you believe was accounted for using job-order costing Explain why you think so Then, think how that product and service can be transformed such that process costing would be appropriate © 2015 Cengage Learning All Rights Reserved May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part