A major difference between job costing and process costing is the extent of averaging used to calculate the unit costs of products or services.

Name: A major difference between job costing and process costing is the extent of averaging used to calculate the unit costs of products or services.
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Question

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Job costing calculates the unit cost of specific jobs or projects while process costing averages the costs of a larger production process over all units produced.

A Major Difference Between Job Costing and Process Costing Is