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How can events in job-order costing system affect financial

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Reference no: EM132797083

Problem 1: Compare and contrast job-order and process costing systems. How can events in a job-order costing system affect financial statements? How can events in a process costing system affect financial statements? Provide specific examples for each type.

Problem 2: Can you think of a time when an organization might use both systems? If so, what is called and why?

Reference no: EM132797083

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