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Which Method of Accumulating Product Costs, Job Costing or Process

Question 111

Essay

Which method of accumulating product costs, job costing or process costing, would be more appropriate in each of the following situations:
1.A physicians' clinic
2.A manufacturer of ready-mix cement
3.A custom equipment manufacturing
4.A print shop
5.A chemical manufacturer
6.An automobile repair shop
7.A professional services firm
8.A food processing company
9.A consulting firm
10.An oil refinery

Correct Answer:

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1.Job costing
2.Process costin...

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