ADMS 1000 Lecture Notes - Lecture 12: Paper Towel, Laundry Detergent, Corn Flakes

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Keith Lehrer

Document Summary

Adms 1000 lecture 12 notes costing the quicker-picker-upper , comparison of job-order and process costing and process cost flows. If you have ever spilled milk, there is a good chance that you used bounty paper towels to clean up the mess: procter & gamble (p&g) manufactures bounty in two main processing departments . In the paper making department, wood pulp is converted into paper and then spooled into 2,000-pound (900-kg) rolls. In this type of manufacturing environment, costs cannot be readily traced to individual rolls of bounty: however, given the homogeneous nature of the product, the total costs incurred in the. Department) can be spread uniformly across the number of cases of bounty produced. Instead of using job cost sheets, a document known as a production report is prepared for each department in which work is done on products: the production report serves several functions.