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Author Question: Which of the following is not a similarity between job order costing and process costing systems? (Read 106 times)

lrhoads

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on: Feb 5, 2023
Which of the following is not a similarity between job order costing and process costing systems?
◦ Both accumulate direct materials, direct labor, and manufacturing overhead costs.
◦ Both systems track cost flows from Raw Materials to Work in Process, from Work in Process to Finished Goods, and from Finished Goods to Cost of Goods Sold.
◦ Both transfer the cost of the inventory to Cost of Goods Sold when the production process is completed.
◦ Both accumulate product costs throughout the production process and assign those costs to individual units of production.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by lrhoads on Feb 5, 2023

Kevin5!

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lrhoads

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Reply 2 on: Feb 5, 2023
Excellent

dyrone

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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