Question: Define two cost accounting methods. Describe typical uses for each and include examples. Discuss which of the various cost accounting methods you think are most

Define two cost accounting methods.Describe typical uses for each and include examples. Discuss which of the various cost accounting methods you think are most appropriate for measuring the costs of labor wages and benefits. Explain your rationale. Give references to support answer.

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Two cost accounting methods commonly used are job costing and process costing 1 Job Costing Job costing is a cost accounting method used to track and allocate costs to specific individual jobs project... View full answer

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