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Which of the following is a similarity between job order costing and process costing systems?

Tonyt

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Which of the following is a similarity between job order costing and process costing systems?

Which of the following is a similarity between job order costing and process costing systems?

▸ Both accumulate product costs on a departmental production report.

▸ Both accumulate costs on a job cost sheet.

▸ Both accumulate direct materials, direct labor and manufacturing overhead costs.

▸ Both mass-produce identical products.

Textbook

Managerial Accounting

Managerial Accounting

Edition: 4^th

Author: Davis

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