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What is the main factor for a company in choosing between the job order costing and process costing accounting systems? Give two likely applications of

What is the main factor for a company in choosing between the job order costing and process costing accounting systems? Give two likely applications of each system. What are the two main inventory methods used in process costing? What are the differences between these methods?

Companies such as Nokia commonly prepare a process cost summary. What purposes does a process cost summary serve?

 

 

 

 

 

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