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Over the course of the last several decades, research on child development has suggested that
Cost of Production
The total expenses incurred in manufacturing a product or providing a service, which includes both direct costs and allocated indirect costs.
Subsidiary Ledger
Individual accounts with a common characteristic grouped together in a separate or secondary ledger, which is used to support a controlling account in the general ledger.
Job Cost Sheet
An account in the work in process subsidiary ledger in which the costs charged to a particular job order are recorded.
Job Order Costing
A cost accounting system in which costs are assigned to specific jobs or batches, which are often custom orders.
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