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Which of the following is a key benefit of the entry wedge of customer contracting?
Job-order Costing
A cost accounting system that accumulates manufacturing costs separately for each job.
Direct Labour Cost
The wages and benefits paid to employees who are directly involved in the production of goods or services.
Manufacturing Overhead Applied
The portion of estimated manufacturing overhead costs that is assigned to each unit of production, based on a predetermined rate.
Job-order Costing
An accounting method that tracks costs individually for each job, rather than within set periods.
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