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Costing - Phase (I & II) Methods of Costing

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An automobile service unit uses ………………costing.

specific order

batch

job

contract

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Explanation:

Job costing or cost accounting can be used in virtually any industry (especially service industry) to ensure that the product pricing covers actual costs, overhead and provides a profit. ... For a typical job, direct material, labor, subcontract costs, equipment, and other direct costs are tracked at their actual values