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There are several key building blocks used in creating and maintaining costing systems today. These include: Cost objects Direct and indirect costs Cost pools Cost
There are several key building blocks used in creating and maintaining costing systems today. These include: Cost objects Direct and indirect costs Cost pools Cost allocation bases Using these building blocks, share an example where you could use these elements to support both a job costing system and a process costing system. Be sure you include the building blocks you would use in your example and why.
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