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1. What are job-order costing and process costing? What types of firms use job-order costing? Process costing?
2. Give some examples of service firms that might use job-order costing, and explain why it is used in those firms.
3. What is normal costing? How does it differ from actual costing?
4. Why are actual overhead rates seldom used in practice?
conch republic electronicsconch republic electronics is a mid sized electronics manufacturer located in key west
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What is each additional customer worth in gross profit? Estimate how your proposals would individually and collectively improve gross profit.
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