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Bob Woods recently started as an intern at Tulane Consulting Firm under your leadership as Senior Cost Accountant. The consulting firm has clients within both
- Bob Woods recently started as an intern at Tulane Consulting Firm under your leadership as Senior Cost Accountant. The consulting firm has clients within both job cost and process cost industries. After lunch, Bob comes into your office and asks you to explain job cost and process costing systems. Discuss the similarities and differences between both systems and include examples of the types of industries that use each system.
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