The process costing system is easier for business owners because it’s only necessary to track costs for a particular batch of masks. Job costing, on the other hand, requires business owners to manage multiple (sometimes hundreds or more) individual projects. In addition to setting the sales price, managers need to know the cost of their products in order to determine the value of inventory, plan production, determine labor needs, and make long- and short-term plans. Regardless of the costing me… » weiterlesen