What type of companies can use job order or process costing

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Question - Job Costing vs process costing

In this discussion we analyze job order costing versus process costing. To do this please create a response that discusses:

What type of companies can use job order costing or process costing?

  • Please respond by identifying types of companies who uses each. Some companies use a hybrid costing system, which includes a combination of job order and processing costing.
  • Also, identify a type of company which can benefit from the hybrid system? (Hint: you may have to Google this one but please make sure you cite your source).
  • Next, identify the advantages and disadvantages of each method.
  • Finally, discuss the impact of "dumping" in global markets by U.S. firms. How does the practice of dumping impact a company's financial statements?

Please post a 100-150 word response, and respond to two other people's postings. It is expected that you participate at least three different days each week.

Reference no: EM132008970

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