Question: 1. What is the difference between job order costing and process costing? 2. How do you record material and labor in job order costing? How

1. What is the difference between job order costing and process costing? 2. How do you record material and labor in job order costing? How do you record indirect material and indirect labor? 3. What is pre-determined allocation rate? 4. What is manufacturing overhead? How do you know if you overallocated or underallocated manufacturing overhead and how do you adjust for it

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