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2. List two differences between Job order costing and process costing. Give one example of business under each costing system. (3 marks) 3. Define the

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2. List two differences between Job order costing and process costing. Give one example of business under each costing system. (3 marks) 3. Define the following concepts: (4*1=4 marks) a Variable cost b. Differential cost and revenue c. Margin of Safety in respect of units. d. Breakeven point in respect of sales

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