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In Job Costing, we keep a tracking sheet for each job so that we can calculate the cost, gross profit and margin (gross profit %)

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In Job Costing, we keep a tracking sheet for each job so that we can calculate the cost, gross profit and margin (gross profit %) for each individual job. We also track overall profitability for the period and the year. Question: Do you think it is important to track the costs and profitability at a job level? What types of business decisions might you inform with this information? Why wouldn't it be as important in process costing

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