Explain the job order costing income statement and provide a hypothetical example of job order costing income statement in a manufacturing enterprise.
Explain the job order costing income statement and provide a hypothetical example of job order costing income statement in a manufacturing enterprise.
Question:
- Explain the job order costing income statement and provide a hypothetical example of job order costing income statement in a manufacturing enterprise. Provide in-text citations and explain your example in detail.
- Explain the activity-based costing income statement and provide a hypothetical example of activity-based costing income statement in a manufacturing enterprise. Provide in-text citations and explain your example in detail.
Note:
1. Define the words in the own words. Do not directly quote from the textbook.
2. Need to write at least 2 paragraphs of the written part. (Exclude hypothetical example)
3. Need to include the information from the textbook as the reference.
4. Need to include at least 2 peer reviewed article as the reference.
5. Need to provide the examples whenever applicable.
5. Please find the related power point and textbook in the attachment