BUS 630 Managerial Accounting (No Plagerizing please)#1 Product Costs (200-250 words for discussion #1)In Chapter 3, you were introduced to three types of costs associated with a manufactured product

BUS 630 Managerial Accounting (No Plagerizing please)

#1 Product Costs (200-250 words for discussion #1)

In Chapter 3, you were introduced to three types of costs associated with a manufactured product – direct materials, direct labor, and manufacturing overhead. Explain how these costs are associated with the manufactured product. Why are some of these costs allocated to the product through costing methods such as job order costing or process costing? As part of your response, please read the article First Solar preview: Manufacturing costs, project order book in the spotlight found here:  https://www.forbes.com/sites/greatspeculations/2014/02/24/first-solar-preview-manufacturing-costs-project-order-book-in-the-spotlight/#384db5a31f20 and provide a specific example of this company’s manufacturing costs. Your initial post should be 200-250 words. Respond to at least two of your classmates’ posts.

#2 Job Order Costing vs. Process Costing (200-250 words for this discussion)

Explain the similarities and differences between job order costing and process costing. In your explanation, provide examples of when job order costing and process costing would be most appropriate. Your initial post should be 200 to 250 words.