Assignment # 1
1. Explain the job order costing income statement and provide a hypothetical example of a job order costing income statement in a manufacturing enterprise.
a. Provide in-text citations and explain your example in detail.
2. Explain the activity-based costing income statement and provide a hypothetical example of
activity-based costing income statement in a manufacturing enterprise.
a. Provide in-text citations and explain your example in detail.
Assignment #2
● Prepare income statements in both job order costing and activity-based costing formats for a hypothetical case.
● Your example should include at least three (3) activities and at least two (2) products.
● If you do both correctly the operating income in both statements should be identical.
● Explain the initial assumptions and the calculations in detail.
● Provide in-text citations.
