Greetings @sitaraindaryas

1.- You have shared the definition and importance of cost methods, making it clear that these allow knowing the calculation of the cost of a product.

2.- You have presented the differences between job order and process costing methods. To be more original, we could say that the difference is in the scope of production, the job order costing method is limited to the customer's requirements; while the production costing method is subject to the set (in general) of executed orders related to the production of a product or service.

3.- You have presented two types of cost calculation methods, the first one named “By Absorption”, which generates an easy register limiting the structuring of costs to fixed and variable expenses; and the second one “Direct Costing”, which leaves aside the fixed costs at the moment of adding up the production costs, taking into account only the direct factors to the production of the product.

4.- You have selected an ideal cost method for the case, each cake has a different design and difficulty, therefore, the cost of labor and raw materials varies.

Below I share the evaluation summary.

Thanks for joining the contest