A Manufacturer Of Luxury Yachts Would Use?

A luxury yacht manufacturer would typically use job costing as each yacht is custom-built to the specifications of individual customers, making it necessary to track the costs. This is because luxury yachts are high-value items, usually built to customer specifications, and in a low-volume process. To determine the type of costing system for a manufacturer of luxury yachts, one should study with Quizlet and memorize flashcards containing terms like process costing, OB, job costing,neither job or process, or both.

An award-winning writer, editor, and photographer, Kim Kavin, specializes in marine travel and has written 10 books including Dream Cruises: The Insiders Guide to Private Yacht Vacations. She suggests that a professional services firm would use either job or process costing, while a landscape contractor would use either job or process costing.

In conclusion, a luxury yacht manufacturer would most likely use job order costing due to the unique nature of each yacht and the need to track costs. Other costing systems for manufacturing companies may include process costing, either job or process costing, either job or process costing, or both job and process costing. By understanding these factors, manufacturers can better manage their inventory and ensure accurate costing for their products.