ACC 206 Week 3 DQ 1 Issues in Costing

Issues in Costing.  Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold. For each of your issues, provide an example of a company or industry where these issues could be present.

Guided Response:

Review your peers’ posts and respond to at least two of your classmates.  Describe how job order costing or activity-based costing could resolve the issues your classmates mentioned in their posts.