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20 December, 15:54

LO 5.2Why are there conversion costs in both job order costing and process costing?

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  1. 20 December, 16:22
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    Answer and explanation:

    For both job order costing and process costing, it is necessary to record the transactions with converted costs since that includes information necessary about the expenses of raw material that need to be transformed into final products. The conversion takes into consideration the labor and manufacturing overhead.
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