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Question

The method of costing applied in biscuit industries is _________ costing and _________ costing in the steel industry.

A
job, process
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B
job, contract
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C
batch, multiple
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D
process, operation
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Solution

The correct option is A job, process
Job costing is used to identified the cost of a particular job and wherever the production passes through various process, process costing is used. Biscuit industries adopt job costing and in steel industry, process costing should be applied.

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