Explain job order costing and activity-based costing income statements.
Explain job order costing and activity-based costing income statements
Explain job order costing and activity-based costing income statements in general terms. Prepare income statement in both job order costing and activity-based costing formats for a hypothetical case. Your example should include at least three activities and at least two products. If you do both correctly the operating income in both statements should be identical. Explain the initial assumptions and the calculations in detail. Provide in-text citations. At least six scholarly references are required.
write a 4-6-page minimum APA formatted paper
answers are to be clear, well-organized, and specific. Provide a concise, cogent argument and include details to support your response.
Explain job order costing and activity-based costing income statements