Question: Please type the answer. No handwriting. Please solve all parts as its 1 question, a) Differentiate job order costing vs process costing. Provide examples of

 Please type the answer. No handwriting. Please solve all parts as

Please type the answer. No handwriting. Please solve all parts as its 1 question,

a) Differentiate job order costing vs process costing. Provide examples of where each would be used - and why. b) What is normal costing all about? c) Discuss / refute the following statement: BUS288 comes after BUS285 financial accounting because we must use generally accepted accounting principles as the foundation for all analysis in managerial accounting." d) What is a contribution margin? What are some of the key measures or indicators we can calculate using it? e) What is degree of operating leverage (DOL)? How is it calculated? What are the advantages / disadvantages of having high or low DOL? f) What are the benefits of budgeting? g) What are the benefits of standard costs

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