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Job order costing versus process costing. What type ofcompanies can use job order costing or process costing? Please respond by identifying types of companies who
Job order costing versus process costing.
- What type ofcompanies can use job order costing or process costing?
- Please respond by identifying types of companies who uses each. Some companies use a hybrid costing system, which includes a combination of job order and processing costing.
- Also, identify a type of company which can benefit from the hybrid system? (Hint:you may have to Google this one but please make sure you cite your source).
- Next, identify the advantages and disadvantages of each method.
- Finally, discuss the impact of "dumping" in global markets by U.S. firms. How does the practice of dumping impact a company's financial statements?
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