Process
Batch
Job
Contract
Answer is Right!
Answer is Wrong!
The correct answer is: Job costing.
Job costing is a type of costing that is used to track the costs of individual jobs or projects. It is often used in businesses that produce custom products or services, such as printers.
Job costing involves identifying the direct costs associated with each job, such as the cost of materials and labor. It also includes allocating indirect costs, such as overhead costs, to each job.
The total cost of each job is then used to determine the price that should be charged for the job.
The other options are incorrect because they are not types of costing that are typically used by printers.
- Process costing is a type of costing that is used to track the costs of a production process. It is often used in businesses that produce large quantities of standardized products, such as paper mills.
- Batch costing is a type of costing that is used to track the costs of a production batch. It is often used in businesses that produce batches of products, such as breweries.
- Contract costing is a type of costing that is used to track the costs of a contract. It is often used in businesses that undertake large contracts, such as construction companies.