Asked by
Jastine Quidor
on Dec 16, 2024Verified
In a job order cost accounting system for a service business, materials costs are normally included as part of overhead.
Materials Costs
The total expense incurred to acquire raw materials that are directly used in the production of goods or services.
Overhead
describes the ongoing business expenses not directly attributed to creating a product or service, including rent, utilities, and insurance.
- Absorb the methods through which job order costing is adapted and applied in the context of service sectors.
Verified Answer
SA
Learning Objectives
- Absorb the methods through which job order costing is adapted and applied in the context of service sectors.