Job costing characteristics and purpose of it: its purpose is to is to calculate the cost of the materials found in the wastestream based on purchase price of materials. Please assist me with further characteristics and purpose of job costing and process costing to this extent.
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outline the characteristics and purpose of: Job costing and process costing
what is the purpose of process costing?
absorption costing
One purpose of costing is to determine what resources, and in what quantities, are required to provide the goods or services. A second purpose is to provide a guide to resource usage monitoring.
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