RE: SLC | S21W3 | Costs for entrepreneurs - Costing methods.
Greetings @max-pro
1.- You have explained very well the definition of costing methods and their importance, highlighting that these are a set of specific procedures used to determine a cost.
2.- You have pointed out the difference between job order costing and process costing, indicating the specific differences in them and how both are linked to the way of production.
3.- You have explained the same costing methods explained in the class, the task was to investigate about two different methods and explain them according to your understanding of them.
4.- You have provided the cost calculation of the production of cakes, according to the work order method. The calculations made are in line with what was explained in class.
Below I share the evaluation summary.
| Description | Evaluation |
|---|---|
| Quality | 2.2/3 |
| Compliance with rules | 3/3 |
| Presentation | 2/2 |
| Originality | 1.5/2 |
| Plagiarism free | ✅ |
| Human/AI | Human |
| Total | 8.7 |
Thanks for joining the contest
Thank you so much for spending your precious time on this post and giving such a wonderful review. Best wishes to you. 🥰