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Job Order Costing System
An accounting method used to track the production costs (materials, labor, and overhead) for specific jobs or batches of product.
Service Organizations
Companies that provide services rather than tangible goods to customers, focusing on professional skills and expertise.
Job Order Cost System
An accounting system that tracks costs individually for each job rather than using a standard rate, suitable for customized job production.
Service Organizations
Businesses that provide intangible products or services and typically create value for customers through service delivery.
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