Describe job-costing and process-costing systems. explain, Ask an Expert

Accounting

1. Describe job-costing and process-costing systems. describe when it would be appropriate to use each.

2. In a job-costing system, describe why it is necessary to apply indirect costs to production through the use of a manufacturing overhead cost allocation rate.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M995542

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