Both the process costing and job order costing systems accumulate product costs throughout the production process and assign those costs to individual

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Both the process costing and job order costing systems are used to accumulate and assign product costs. In process costing, costs are accumulated by department or process, while in job order costing, costs are accumulated by job or specific order. Regardless of the system used, both accumulate and assign costs to individual products.

Both the Process Costing and Job Order Costing Systems Accumulate