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Asked Jan 20, 2020
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In a job order cost system, direct labor and factory overhead applied are debited to individual jobs. How are these items treated in a process cost system and why?

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Job Costing and Process costing are 2 branches of Cost accounting. These methods are used to ascertain the cost per unit/ cost per job.

Job Costing is a type of Cost Accounting which assigns manufacturing cost to specific product or job. This form of costing helps in monitoring manufacturing costs on the bas...

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