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Should EEC use a job order costing system or a process costing system to report the costs of this new product? How are the two systems different? Describe how the selected system would work to track the costs of the product. Identify the cost driver and explain the process of tracking the costs. Provide examples of products that EEC might offer for which a job order costing system would be appropriate. Also, provide examples of products that EEC might offer for which a process costing system would be appropriate.

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Should EEC use a job order costing system or a process costing system to report the costs of this new product? How are the two systems different? Describe how the selected system would work to track the costs of the product. Identify the cost driver and explain the process of tracking the costs. Provide examples of products that EEC might offer for which a job order costing system would be appropriate. Also, provide examples of products that EEC might offer for which a process costing system would be appropriate.