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Chapter: Process Costing System a) Nature of process costing with example. b) Input = Output. Explain. c) Define Normal spoilage. d) Define abnormal spoilage. e)

Chapter: Process Costing System

a) Nature of process costing with example.

b) Input = Output. Explain.

c) Define Normal spoilage.

d) Define abnormal spoilage.

e) Difference between job order costing and process costing.

f) Similarities between job order costing and process costing.

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