Cost systems, accounting assignment help

Cost systems, accounting assignment help

Your reply needs to be at least 200 words in length for each question, use peer-reviewed sources or the text to support your response. Personal opinion alone will not earn credit. You can include personal opinion, work experience to support your response, but be certain to use some type of peer-reviewed source(s) or the text to support your response. Dot com sources may not earn any credit, so please avoid them. Anyone may use a dot com source, and that is not considered scholarly.

1)  While the text presents job and processing costing systems as virtual “polar extremes,” there are many situations where it may be best for a company to use a hybrid system that combines attributes of both systems.  Describe such a situation and discuss how the hybrid system may be better than either pure job or pure process systems. 

2)  Assume you own a business that makes two complementary products for which you allocated manufacturing overhead proportionally.  A competitor is trying to undercut your price for one of the products.  How might ABC costing help you better compete with this pending threat?