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Job/batch costing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Job/batch costing

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarJohn Moffat.
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  • November 21, 2017 at 6:42 am #417071
    Avatarmaan87
    Member
    • Topics: 119
    • Replies: 155
    • ☆☆☆

    Hi sir; help me with the following.

    Which of the following will use job
    batch costing?
    a. Brewery
    b. Food canning
    C. Coal mining
    4. Steel producer

    Plz explain a little bit

    November 21, 2017 at 1:37 pm #417133
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    Job costing is used when the business is doing specific jobs for customers, which is unlikely to be the case for any of these four.

    Batch costing is used when the goods are produced in batches (as opposed to individual units). The most likely ones to produce in batches of the four are (a) and (b).

    Why are you attempting questions for which you do not have an answer? You should be using a Revision Kit from one of the ACCA approved publishers – they have answers together with explanations 🙂

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  • The topic ‘Job/batch costing’ is closed to new replies.

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