Assume you are a new employee at Payroll Inc. a company which process payroll, advises small businesses on payroll issues, and remits all withheld funds to the government along with payroll forms required. Processing payroll and completing forms is a routine process which is repeated for each client and payroll period. Payroll advising is unique to each client.
In your initial post discuss the aspects of Payroll Inc.’s processes that lend themselves to process costing and which processes would more closely align with job order costing. How would you set up Payroll Inc.’s accounting system? Would you use job order or process costing? Or some other type of system? Why?
In your second post reply to a peer’s initial post by taking an opposing view of the system that should be used (you may not agree with this opposing view but make an argument none the less).
Please make your initial post by midweek, and respond to at least one other student’s post by the end of the week. Please check the Course Calendar for specific due dates.
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