Job Order Costing is an accounting method used to track costs associated with specific jobs or projects. This system is particularly useful in industries where products are customized, such as construction, manufacturing, or printing. Each job is treated as a unique entity, allowing businesses to assign direct materials, labor, and overhead costs to that specific job. In Job Order Costing, costs are accumulated for each job separately, enabling accurate pricing and profitability analysis. At the end of a job, the total costs can be compared to the revenue generated, helping businesses assess performance and make informed decisions for future projects.