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1. Explain the similarities and differences between job-order costing systems and process costing systems. List three Kuwaiti companies that would likely use a job-order costing
1. Explain the similarities and differences between job-order costing systems and process costing systems. List three Kuwaiti companies that would likely use a job-order costing system and three other companies that would likely use a process costing (you can list manufacturing and/or service companies). Explain your answer (why do you think these companies would be using such costing systems?) 2. Weston Products manufactures an industrial cleaning compound that goes through three processing departments - Department 1, Department 2, and Department 3. The company uses a process costing system. Weston incurred the following costs during the year 2019, to produce 5,000 units. Department 1 Department 2 Department 3 $17,500 $8,000 $4,000 If Weston could sell only 4,000 units in 2019, what will be the cost per unit produced
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