Identify the main difference between journal entries in process costing and job costing O A. The...
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Identify the main difference between journal entries in process costing and job costing O A. The joumal entries in process costing are posted to record the number of units as they are moved from one department to another Journal entries in job costing are posted to record costs rather than number of units O B. There is often more than one work-in-process account in process costingone for each process OC. The weighted-average method is used for the journal entries in process costing while the FIFO method is used for the journal entries in Job costing OD. The journal entries in process costing are the same as those made in job-costineystems Identify the main difference between journal entries in process costing and job costing O A. The joumal entries in process costing are posted to record the number of units as they are moved from one department to another Journal entries in job costing are posted to record costs rather than number of units O B. There is often more than one work-in-process account in process costingone for each process OC. The weighted-average method is used for the journal entries in process costing while the FIFO method is used for the journal entries in Job costing OD. The journal entries in process costing are the same as those made in job-costineystems
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Answer Option B There is often more than one workinprocess accoun... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Posted Date:
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