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a) In general, the cost is defined as money or resources associated with a purchase or a business transaction, or any other activity. Different industries

a) In general, the cost is defined as money or resources associated with a purchase or a business transaction, or any other activity. Different industries adopt different methods of determining the costs of their products depending on the nature of the production and the type of output. Required: Differentiate between Job Costing method from Process Costing method. Highlight in which industry these methods work the bestimage text in transcribed

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