A manager's primary duties, as you remember from last chapter, include both planning and controlling their company. But what does that entail exactly? A large portion of managerial accounting includes the use of a job order costing system or a process costing system depending on what kind of company you run. These systems are detailed ways to track costs of products or services that a business provides.
This chapter teaches you the basics of enacting a job order costing system, walking through the steps of tracking raw products from the storeroom to the production floor and beyond.