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What are the differences between a Job Order costing system and a Process costing system? What are the three levels of inventory used to record

What are the differences between a Job Order costing system and a Process costing system?

What are the three levels of inventory used to record manufacturing costs?

How is the pre-determined overhead rate calculated?

How is the pre-determined overhead rate used to assign MOH?

How are over-applied and under-applied manufacturing overhead calculated?

How is the COGS adjusted for an over/under-applied overhead balance?

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