Question: Identify the statement that best describes when a company should use a job costing or a process costing system. The company should choose the appropriate
Identify the statement that best describes when a company should use a job costing or a process costing system.
The company should choose the appropriate costing system based on the production process or services.
The costing system does not matter as the product cost remains consistent across costing systems.
A service company should use a process costing system.
A manufacturer should use a job order costing system.
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