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Calculate the costs of products

Assignment Help Cost Accounting
Reference no: EM132644778

Problem 1: Direct materials, direct labour and factory overheads cost is closed off to the ... at the end of the financial year.

A. Trading account

B. Profit and Loss account

C. Work-in-process account

D. Finished goods stock account

E. None of the above

Problem 2: Which of the following are the costing methods that can be used to calculate the costs of products.....

A. Job costing

B. Process costing

C. Batch costing

D. All of the above

E. None of the above

Reference no: EM132644778

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