Job costing vs contract costing
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Job costing refers to calculating the cost of a special contract, work order where work is performed as per client's or customer's instructions.
A costing method, in which the costs which are charged to various processes and operations is ascertained, is known as Process Costing.
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A costing method, in which the costs which are charged to various processes and operations is ascertained, is known as Process Costing.
Hope it helps you
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