ACC 622 Topic 4 DQ 1

ACC 622 Topic 4 DQ 1 Find a journal article online about job costing systems. In the subject line of your post, include the title of the article that you read. Post a link to that article with your initial post, and provide a summary and a reaction to the article. The summary should be approximately 250 words, and the reaction should be approximately 150 words. The summary should describe the major points of the article, and the reaction should demonstrate your interpretation of the article and how you can apply that knowledge. Do not choose an article that one of your classmates has already posted on. To participate in follow-up discussion, choose one of the articles that your classmates have posted, and provide your own reaction to it. Understanding a business’s cost will allow a business to better understand its profits. The author of “Job Costing: Know Your Costs, Know Your Profit” writes that “in goods economic times, companies must know their costs to maximize the profitability” (Porter, 2010, par.1). Porter goes on to discuss that job costing involves three key aspects, which include true costs, estimating