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What is the difference between job order costing and process costing ??

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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/08
aziz urrehman
by aziz urrehman , key account executive , alkhair group of companies foam manufacturing

Job order costing is concern with short production,customer oriented demand for porducts,non homogenious products,

And proces cost is totaly with homogenious and big production of products.

Adan Waqar
by Adan Waqar , Tax Specialist and Finance Analyst , Gulf Business Machines

Job costing involves the detailed accumulation of production costs attributable to specific units or groups of units.

Process Costing involves the accumulation of costs for lengthy production runs involving products that are indistinguishable from each other.

George Caesar- Cert CII®, IFCE®
by George Caesar- Cert CII®, IFCE® , Marketplace Manager -eCommerce , Saudi Company for Hardware - SACO

THE MAIN DIFFERENCE BETWEEN JOB COSTING AND PROCESS COSTING IS THAT IN JOB COSTING AN AVERAGING PROCESS IS USED TO COMPUTE THE UNIT COSTS OF PRODUCTS OR SERVICES

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