Question

Job costing is​ ________. A. used by businesses to price unique products for different jobs B. used by businesses to price identical products C. used to calculate equivalent units D. used to calculate the percentage of work completed

Answer 1

Answer:

The answer is A. used by businesses to price unique products for different jobs

Explanation:

As the project/product is different from one to another, this system of costing has to be adapted. Moreover, this method take in to account the nature of the product, the time span it takes to complete the product and the unique skills and resources that are used during its production process.

Answer 2

Answer:

A. used by businesses to price unique products for different jobs

As the product are different to each other in properties and materials or are required to be performed in different location (IE: real-state maintenance or construction) We need to follow the cost on a per-job basis

Explanation:

B. used by businesses to price identical products

No when the product are identical we don't need to discriminate over which customer ask the job nor the type of product it was requested.

C. used to calculate equivalent units

NO. That is processing cost

D. used to calculate the percentage of work completed

NO that is a given, we measure the amount of work completed under pretty much any cost method.