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What are the advantages of process costing over job costing?

I have no clue, please help


What are the advantages and disadvantages of job costing?

Nothing :)


Company using absorption costing?

It is old costing technique & it is replaced by activity based costing


What are the advantages and disadvantages of overhead costing?

The advantages are that you will be able to get more things for the business. The disadvantages are that they are a lot of costs.


What are the benefits of base?

Advantages of Activity Based Costing System:Activity based costing system has the following main advantages / benefits: More accurate costing of products/services, customers, SKUs, distribution channels.Better understanding overhead.Easier to understand for everyone.Unit cost rather than just total cost.Enables costing of processes, supply chains, and value streams


What are the advantages of print sources?

they are relevant.


How is relevant costing useful in determining the good business decision making?

Relevant costing is important to good business decision making because it allows a company to price their goods and services for maximum sales. Without the ability to make sales, no business will survive.


Differences between costing method and costing techniques?

Methods of Costing The cost of products or services is determined using several methods. The use of a given method is dictated by such factors as: the nature of cost units, the production process, the mode of cost accumulation, the duration of work etc. The following are the well established methods of costing a. Job / Batch costing b. Contract costing c. Process costing d. Service costing Techniques of Costing Irrespective of the type of costing method being applied there are various approaches that could be adopted. These are:  Full Absorption costing  Marginal costing  standard costing using  absorption costing  marginal costing


How do you treat depreciation in relevant costing?

Depreciation is a sunk cost, so you should ignore it in relevatnt costing. you shoud be asking yourself the following question: can I avoid depreciations once I have bought the asset? You should always ignore deprecition when answering a relevant costing questions. You have already incurred the cost of the asset and as a result you can not avoid deprecition, that is why it is a sunk cost. Peace Tshepo


How do you treat resale value in relevant costing?

someone told me the name of an employer. How can i find out if they actually work there?


What are the advantages and disadvantages of a recipe costing software?

An advantage to having recipe costing software is the fact that businesses will know exactly how much it cost to produce their food. One disadvantage to recipe costing systems is the fact that they can be costly.


What are the advantages and disadvantages of a recipe costing software program?

An advantage to having recipe costing software is the fact that businesses will know exactly how much it cost to produce their food. One disadvantage to recipe costing systems is the fact that they can be costly.