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Let's make sure we understand the underlying concepts of using job-order costing. Consider the following for this discussion board (you may need to use additional
Let's make sure we understand the underlying concepts of using job-order costing. Consider the following for this discussion board (you may need to use additional resources outside of the textbook - be sure not to copy and paste responses directly from any source and cite your resources): 1. Compare and contrast job order costing and process costing systems. 2. What kind of company might use process costing? Support your answer. 3. In a process costing system, direct materials are often used by multiple production departments. How does a company record direct materials cost for every production department? (example: a company has three production departments - preparation, processing, and finishing)
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