Distinguish between 1. Job costing; 2. Process costing; and 3. Batch costing. Fully explain each approach.
Question:
Distinguish between
1. Job costing;
2. Process costing; and
3. Batch costing.
Fully explain each approach.
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Step by Step Answer:
All three costing techniques are means of deducing the full cost of some activity The distinction between them lies with the difference in the style of the production of the goods or services involved ...View the full answer
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Related Book For 
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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