Explain how job costing is used in the service sectors and manufacturing sectors. Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers.

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Job order costing is commonly used by manufacturing and services companies to monitor direct labor costs. Direct materials—the raw ingredients that employees utilize to make products—are costly in a manufacturing plant and require meticulous control and inventory.

For example, Riyadh furniture used job costing to record all the direct materials and expenditures. Direct materials, on the other hand, may not be a substantial expense in a service company like an accountancy or legal firm. A work cost sheet is used by a service company to track all costs associated with a single task.

For example, Al Hoty Calibration Company is a branch of the Al Hoty Group that uses job costing to record the services rendered to its customers. As a service company, it does not record the direct materials but focuses on the services offered and the accompanying costs.

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Differences Between Job-Order Costing and Process Costing Systems

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Academic.Tips. (2023) 'Explain how job costing is used in the service sectors and manufacturing sectors. Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers'. 11 May.

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Academic.Tips. (2023, May 11). Explain how job costing is used in the service sectors and manufacturing sectors. Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers. https://academic.tips/question/explain-how-job-costing-is-used-in-the-service-sectors-and-manufacturing-sectors-provide-examples-by-citing-one-job-costing-example-of-the-service-sector-and-one-example-of-the-manufacturing-sector-o/

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Academic.Tips. 2023. "Explain how job costing is used in the service sectors and manufacturing sectors. Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers." May 11, 2023. https://academic.tips/question/explain-how-job-costing-is-used-in-the-service-sectors-and-manufacturing-sectors-provide-examples-by-citing-one-job-costing-example-of-the-service-sector-and-one-example-of-the-manufacturing-sector-o/.

1. Academic.Tips. "Explain how job costing is used in the service sectors and manufacturing sectors. Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers." May 11, 2023. https://academic.tips/question/explain-how-job-costing-is-used-in-the-service-sectors-and-manufacturing-sectors-provide-examples-by-citing-one-job-costing-example-of-the-service-sector-and-one-example-of-the-manufacturing-sector-o/.

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Academic.Tips. "Explain how job costing is used in the service sectors and manufacturing sectors. Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers." May 11, 2023. https://academic.tips/question/explain-how-job-costing-is-used-in-the-service-sectors-and-manufacturing-sectors-provide-examples-by-citing-one-job-costing-example-of-the-service-sector-and-one-example-of-the-manufacturing-sector-o/.

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"Explain how job costing is used in the service sectors and manufacturing sectors. Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers." Academic.Tips, 11 May 2023, academic.tips/question/explain-how-job-costing-is-used-in-the-service-sectors-and-manufacturing-sectors-provide-examples-by-citing-one-job-costing-example-of-the-service-sector-and-one-example-of-the-manufacturing-sector-o/.

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