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When companies accumulate costs they generally use either a

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When companies accumulate costs, they generally use either a job order or a process costing system. The type of system used often varies based on the type of product or service provided. Examine your experiences with a current or former employer and a product or service provided by this employer.

Respond to the following:

  • Identify and describe the type of cost accumulation system that was used.
  • Explain how the system was used and, specifically, how overhead was allocated.

Reference no: EM13451692

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