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Compare and contrast job costing and process costing and

19. Compare and contrast job costing and process costing and give two examples of each. What is the FIFO process-costing method and when would it be used?

14. Companies use ABC system information to _____.
-analyze costs
-prepare budgets
-evaluate performance
-All of these answers are correct.

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Cost Accounting: Compare and contrast job costing and process costing and

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