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Process costing
Contrasting Job Costing and Process Costing Methods
December 14, 2023
How does job costing differ from process costing?
Job costing is used for unique, custom-made products or services, tracking costs by specific job or project. Process costing, on the other hand, applies to standardized, continuous production, allocating costs to each process or department.
Tags : Job Costing , Process Costing , Cost Allocation