Why is it important to have accurate job costs, Accounting Basics

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Why is it important to have accurate job costs

Questions:

1. Why is a job costing approach suitable for a film production?

2. Why will each job have a different pattern of costs and revenues?

3. Why is job costing particularly suitable for a business making wedding cakes?

4. What information would you expect to find in a job cost record for a wedding cake contract?

5. What kinds of jobs are carried out in this business?

6. Why is it important to have accurate job costs?

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Accounting Basics: Why is it important to have accurate job costs

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Accounting Basics: Why is it important to have accurate job costs

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