Hi Tutor,

Please advise ASAP, thanks!

5. You work for an accounting practice called Busy Day Accounting. Busy Day's senior partner has asked you to identify and establish a costing system to help them track cost data. Busy Day is a services-industry-only business that does not manufacture. Systeml System?2 Costs Incurred Costs Incurred * Direct Raw Materials Direct Labour . Direct Labour Overhead * Factory Overhead Direct Expenses Work in Process OR Finished Goods Work in Process OR Expensed a. Review the two systems above and identify which system is the most appropriate system for Busy Day to use: O