Answer: For each of the following companies, each company would be more likely to use:
a. Janitorial services company - <u>Job costing.</u>
b. Soup manufacturer - <u>Process costing.</u>
c. Commercial plumbing contractor - <u>Job costing.</u>
d. Toothpaste manufacturer - <u>Process costing.</u>
e. Catering service - <u>Job costing.</u>
Compound interest would be the correct answer.
Answer:
D
Explanation:
If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase.
I would say that b is the best answer