ACCT349 Week 5 Discussion 1 & 2 Latest 2017 March

ACCT349 Week 5 Discussion 1 & 2 Latest 2017 March

Subject: Business / Accounting
Question
dq 1
Spoilage, Rework, and Scrap (graded)
What are spoilage, rework, and scrap, and how are they accounted for under job order versus process costing systems? Why are they treated differently?

dq 2
EOQ—Is It Perfect? (graded)
How can companies reduce the conflict between the EOQ decision model and models used for performance evaluation?