Direct and indirect costs, accounting homework help

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Business Finance

Description

There are several key building blocks used in creating and maintaining costing systems today. These include:

  • Cost objects
  • Direct and indirect costs
  • Cost pools
  • Cost allocation bases

Using these building blocks, share an example where you could use these elements to support both a job costing system and a process costing system. Be sure you include the building blocks you would use in your example and why.

Please make this 1-2 paragraphs and in APA format.

Please include a reference page and site sources within the paper.

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Explanation & Answer


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