Product costing systems are methods used to manage inventories.

Product costing systems are methods used to manage inventories.

Product costing systems are methods used to manage inventories. Accounting systems primarily engage one of three costing systems at a time: job order costing, process-based costing, or activity-based costing.

Respond to the following in a minimum of 1 post 175 words and 2 posts 75 words

Briefly explain each of the three costing systems in accounting.

Discuss the situations in which each system would be best employed by a business.

Answer preview Product costing systems are methods used to manage inventories.

APA

287 words