Select any manufacturing or service company that produces unique products or provides specific services of your choice. Discuss the Job Order product costing system used and its problems in the selected company.
| Criteria | Needs |
| Field requirements | |
| Introduction of the selected company. | Clear description on the following: Company’s name and location, number of years in business, products and services, and size of the company. |
| Explanation on the purposes of product cost information. | Able to provide and explain adequately and clearly three purposes for which product cost information is required and were supported with relevant and clear example for each purpose. |
| Features of Job Order Costing and Source documents used in Job Order Costing System. | Able to identify at least two features of Job Order Costing. Explained clearly and adequately the functions of any three source documents used in this costing system and provide a sample of each document. |
| Description of manufacturing overheads allocation and its problem. | Adequate and clear description of any two methods supported with examples on how manufacturing overheads are allocated among different jobs/ products. Able to identify and discuss the main problem of using unsuitable base for overheads allocation and supported with an example. |
| Summary | Adequately and clearly summarised the main features, important source documents, frequently used manufacturing overheads allocation method and the problem of Job Order Costing System. It was presented in a coherent manner. |
Attachments:
MA.docx