Question: 1: The differences between Job order and Process costing. 2: Choose one method to elaborate: pick a business that you have some knowledge about or

  • 1: The differences between Job order and Process costing.
  • 2: Choose one method to elaborate: pick a business that you have some knowledge about or experience with (e.g. a firm you worked for, a store you visited, etc.), and briefly explain the accounting method it might employ to determine its costs.
  • 3: How production failure (i.e. spoilage) are treated differently?

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