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Discuss the differences between product costing and job costing. What type of company would general use...

Discuss the differences between product costing and job costing. What type of company would general use product costing? What type of company would generally use job costing? Give a real world example of each and explain your reasoning.

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Expert Solution

In job costing each job is a unit and treated separately while the product costing is total of all direct costs divided by units. The detailed answer is as below:

ekkarill92 answered 1 year ago
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