Discussion Topic: Job Order Costing Systems
Read Concepts in Action: “The Job Costing ‘Game Plan’ at AT&T Stadium” in Chapter 4.
Discuss job order costing system. Be sure to address the following:
- Briefly explain job order costing.
- What are the characteristics of the companies that would use job order costing?
- Describe normal costing vs. actual costing.
- What characteristics of AT&T Stadium made the construction project a good candidate for job order costing?