ECONOMICS

Detailed explanation-1: -Answer and Explanation: The correct option is (D) the construction of a new campus building. Construction contracts are of special nature and every contract would be different from another.

Detailed explanation-2: -Answer: d. The construction of a new campus building. In a job order costing, the costs are applied in each of the job.

Detailed explanation-3: -Companies in the white-collar sector of business, including law firms, accounting businesses, and private investment companies, can utilize job order costing to manage individual client accounts. For example, accounting firms can consider each individual client a job.

Detailed explanation-4: -Job order costing is used to measure the revenue gained against the expenses incurred during the production process so that we can determine the profit for every unique job which is being manufactured.

Detailed explanation-5: -Software Services: Companies that build custom software for clients also use job order costing systems.