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How did the Mongols use conquest to improve their empire?
Job Order Cost System
An accounting system that accumulates costs for each individual job or batch of goods, tracking direct labor, direct materials, and overhead.
Process Cost Systems
An accounting system used to apply costs to similar products that are mass-produced in a continuous fashion, assigning costs to units of product based on the processes they go through.
Specialized Machine
Machinery designed to perform a specific task or function in a manufacturing or production process.
Work in Process Accounts
Accounts that track the costs associated with unfinished goods that are in the process of being manufactured.
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