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Needles Accounting Resource Center
Financial & Managerial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College
Learning Objectives
Chapter 17: Costing Systems: Job Order Costing
  1. Discuss the role information about costs plays in the management cycle and explain why product unit cost is important.
  2. Distinguish between the different types of product costing systems and identify the information each provides.
  3. Explain the cost flow in a job order costing system for a manufacturing company.
  4. Prepare a job order cost card and compute a job order's product unit cost.
  5. Apply job order costing to a service organization.
  6. Distinguish between job order costing and project costing.


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