Many of the concepts in managerial accounting were first developed for the manufacturing environment. Do you think these concepts, such as variable costs, fixed costs, mixed costs, and job order costing, can also be applied to the service industry? Why or why not? Focus on a particular service or service industry and illustrate your position with specific examples.

Your paper should meet the following requirements:

Be 3-4 pages in length, not counting the required title and reference pages. Your paper should include an introduction, a body with at least two fully developed paragraphs, and a conclusion.
Review the grading rubric, which can be accessed from the Module 02 folder.
Support your interpretation with evidence from the textbook and at least two peer-reviewed journal articles, other than the required article in the module readings. It’s helpful to search for articles in the SEU Library.
Citations should adhere to the SEU APA requirements

Readings

Required

Chapter 2 in Managerial Accounting
Greenberg, R. K., & Schneider, A. (2010). Job order costing: A simulation and vehicle for conceptual discussion. Academy of Educational Leadership Journal, 14(3), 39-57.
For Your Success

This module introduces the primary costing systems used by organizations. It is important to understand the differences between the job order and process costing systems, as well as the types of products that would use each system.

After finishing the required readings for this module, complete the following work:

Critical Thinking Assignment

Learning Outcomes

Define and identify the primary importance of Activity-Based Costing.
Identify the two primary types of product costing systems that firms use.
Explain a job order costing system and identify when its use is most beneficial.
Define a process costing system and identify when its use is most beneficial.
Compare key similarities and differences between job order costing and process costing systems