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Should the company use the job-order costing system

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Reference no: EM132530635

a. Morgan Shoe has just started its journey as a shoe manufacturing company. It understands the importance of accurately determining the unit product cost. However, the company is not sure about which costing systems it should use to calculate unit product cost. Morgan Limited has asked your help on this issue.

Required:

Question 1: To calculate unit product cost, should the company use the job-order costing system or process costing system or a mix of them? Explain your answers. Clearly state any assumptions that underlie your answers. ??????

Reference no: EM132530635

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