What kind of firm would use a job order cost system

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Reference no: EM133502742

Question 1. a. Name two principal types of cost accounting systems. b. Which system provides for a separate record of each particular quantity of product that passes through the factory? c. Which system accumulates the costs for each depart-ment or process within the factory?

Question 2. What kind of firm would use a job order cost system?

Question 3. What document is the source for (a) debiting the ac-counts in the materials ledger and (b) crediting the ac-counts in the materials ledger?

Question 4. Describe how a job order cost system can be used for professional service businesses.

Reference no: EM133502742

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