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Hi tutor, Please help me to answer my exam, Thank you! 1. Please discuss what is process costing 2. Differentiate process and job order costing

Hi tutor, Please help me to answer my exam, Thank you!

1. Please discuss what is process costing 2. Differentiate process and job order costing 3. Please explain the purpose of documents used in job order costing 4. Describe the five steps in process costing. 5. How do actual, normal, and standard costing valuation methods differ. 6. Please differentiate activity from traditional costing? 7. What is the difference between Absorption and variable costing? Please visualize and discuss

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