Question 4 (CLO1,3):

Job costing is used to manufacture unique products, while process costing is used to manufacture identical and homogeneous products.

As the founder of a fine-dining restaurant, which type of costing is more preferred? Critically evaluate the impact of different costing during business turbulent periods, such as COVID-19.

Hint: The answer is acceptable based on the arguments and explanations

(25 Marks)