Question: 1.. Describe the difference between product costs and operating costs. Use examples to support your answer. 2. Explain why job costing is not always an

1.. Describe the difference between product costs and operating costs. Use examples to support your answer.

2. Explain why job costing is not always an accurate measure of the cost of producing goods.

3.Describe the difference between direct costs and indirect costs. Give an example of each. .

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