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What is the difference between job order costing and process costing?
job order costing is a process of applying cost to heterogenous products mean in a batch form eg.customize furniture at the other end process costing is a process of applying cost to homogenous products eg.sugar mill
Job costing is used for unique products, and process costing is used for standardized products. Size of job. Job costing is used for very small production runs, and process costing is used for large production runs.
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