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Differentiate between contract costing and service costing

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Reference no: EM132567226

Question a. Differentiate between contract costing and service costing.

Question b. List five (5) industries which are most likely to apply contract costing in their operations.

Question c. Provide two similarities and two differences each between Activity Based Costing (ABC) method and the Traditional method of charging overheads.

Question d. How different in management accounting from cost accounting?

Reference no: EM132567226

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