You work in consulting and have been hired to redesign Hoyt Industries' costing systems. Obj. 1 Hoyt

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You work in consulting and have been hired to redesign Hoyt Industries' costing systems.

Obj. 1 Hoyt produces soft drinks. You have already decided to use normal costing to measure costs, but must decide what method to use to assign costs to units of products, job-order or process costing. What are the differences between the two approaches?

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