BOTH JOB ORDER COSTING AND PROCESS COSTING: A)HAVE THE SAME TYPE OF PRODUCT COSTS B)MAINTAIN...

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Accounting

BOTH JOB ORDER COSTING AND PROCESS COSTING:

A)HAVE THE SAME TYPE OF PRODUCT COSTS

B)MAINTAIN A SINGLE WORK IN PROCESS INVENTORY ACCOUNT

C)FOLLOW LAST IN, FIRST OUT METHOD FOR INVENTORY VALUATION

D)TREAT ALL PERIOD COSTS AS PRODUCT COSTS

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