Why does a process costing system use multiple Work in Process Inventory accounts but a job costing

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Why does a process costing system use multiple Work in Process Inventory accounts but a job costing system uses only one such account?

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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Question Posted: Jul 10, 2024 09:01 AM

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Why does a process costing system use multiple Work in Process Inventory accounts but a job costing

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Accounting

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