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Match each costing system characteristic to job order costing, process costing, or both. Used by companies that manufacture identical items through a series of uniform

Match each costing system characteristic to job order costing, process costing, or both. Used by companies that manufacture identical items through a series of uniform production steps or processes Transfers costs from Work-in-Process Inventory to Finished Goods Inventory to Cost of Goods Sold Used by companies that manufacture unique products or provide specialized services Has multiple Work-in-Process Inventory accounts Tracks direct materials, direct labor, and manufacturing overhead costs

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