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Leeds Metropolitan University Accounting Questionnaire

Leeds Metropolitan University Accounting Questionnaire

Question Description

I’m working on a accounting question and need an explanation and answer to help me learn.

Q1. Explain how job costing is used in service sectors and manufacturing sectors? Provide examples by citing one job costing example of the service sector and one example of the manufacturing sector of a Saudi company to support your answers.

Q2. “ABC is a costing method that allocates overhead and indirect costs to related products and services.” Comment on this statement and examine how ABC is used in the manufacturing sector with a suitable example.

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