Q 2 Which types of companies would most likely use a process costing system? Provide examples of two Saudi Compagnies.
Explain the methods with which the cost per unit will be calculated for this type of companies.Explain how the different items of inventory will be evaluated?
Q 3 KLM Compagny has two departments, Assembly and Testing.You are given the following information about the costs of 5 activities that occur at the manufacturing plant monthly:
a. How much of the material handling cost will be allocated to Assembly?
b. What is the ABC allocation rate for supervision of direct labor?