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Which of the following describes job order or process costing?

a. Job order costing would be used in chemical manufacturing plants

b. Process costing would be used in a machine shop manufacturing custom products.

c. The cost of each job would be maintained in individual records for job order costing.

d. THe cost of each process would be calculated in advanced for job order costing.

Accounting Basics, Accounting

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  • Reference No.:- M9402660

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