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CaseStudy Group1
CaseStudy Group1
2 0 2 1
BENNETT
BODY
COM PAN
Y
G R O U P 1 P R E S E N TAT I O N
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I.
OVERVIEW
B E N N E T T B O D Y C O M PA N Y I S A C U S TO M
M A N U FA C T U R E R OF TRUCK BO DIES .
THE CASE IS ABOUT DE S C R I B I N G
THE COST AC C O U N T I N G SYSTEM
OF TWO C O M A PA N I E S -
BENNETT AND CONLEY
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II. Statement of the
Problem
In comparison of accounting system in terms
of :
1.Which system i s better, the one that p r od uce s
standard good s o r the one that p r od u ce s cust om
good s .
2. Which system w ill save y o u f r om lots of co st.
3.Ho w these two system gives advantages to Conle y
and Bennett
4. What are the do w n s ide s of these system
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III.
OBJECTIVES
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IV. AREAS OF
CONSIDERATION
As company, Bennett Body Company used job
order costing system for accumulating the cost
of production. Conely Corporation uses process
costing for calculating the amount of cost
production. Conley only compiles the actual
aggregate labor, overhead costs, and material
with the information on the number of units
produced.
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V. ALTERNATIVE
COURSE OF
ACTION
1 . Make us e of IT syst em 2 . Keep the ex isting
to dete rmine w hich syst em us ed b y
syst em i s better Bennett
Compan y
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VI.
CONCLUSION
In conclusion, upon comparing the data
given, Bennett Body Company should
continue using their system which is the
job-costing system where it is based on
absorption costing. It is because the
comparison of two Company in which
Bennett Body Company pays higher labor
costs yet may recover due to the costs of
materials.
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VII. RECOMMENDATION
Bennett Body Company should
continue the use of Job costing
system.
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THANK YOU AND GOD
BLESS!