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Briefly discuss the features of chosen costing system

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Reference no: EM132638676

Choose ONE of the costing systems studied in this unit from the list below, and answer the questions that follow:

  • Job Costing
  • Process Costing
  • Operation Costing (Hybrid Costing)
  • Activity-based Costing (ABC)

Questions:

Question 1. Briefly discuss the features of your chosen costing system.

Question 2. Identify 2 specific Australian companies that your chosen costing system is suitable for, and explain why.

Question 3. Discuss two potential uses of the cost information for decision-making, to the managers in each of the 2 organisations selected in Q2 above.

Reference no: EM132638676

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