In a 1-2 page paper, please complete the following:
- Review the financial statements from the company you chose in week one.
- Discuss the types of costing method(s) the company uses. Give 1-2 examples of each method presented.
- Discuss why you believe these costing method(s) are appropriate for the products manufactured.
- Be sure that the paper has no spelling or grammatical errors.
- APA format
Below is straight from my book: looks like Process costing is the answer.
Process costing systems assign costs to products that are similar and produced over a determinate amount of time.
Coca-Cola uses the process costing method.l Because this company mass-produces its items, the job cost process can identify specific products and assign costs.