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Process cost systems Process cost systems refer to an accounting system that used to apply costs to similar products that are mass-produced in a continuous fashion. Once production begins...
Process cost system Process cost system is a system of accounting used when a large quantity of similar products are manufactured. Production is continuous to ensure that adequate...
Job Order Cost System Under a job order cost system, the company assigns costs to each job or to each batch of goods. An example of a job is the manufacture of a mainframe computer by IBM...
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