Quote:
Originally Posted by JameelShaikh
It was good... I found essay difficult, however others at forum deem it easy...
descriptive questions were easy... i attempted 6 out of top 8 and have not even read others...
Friends I think Job order costing and process costing are CALCULATION METHODS for Product COST not ALLOCATION METHODS,.
Correct Answer was to discuss
1. Traditional Cost Allocation Methods (Absorption Methods)
2. Activity Based Costing
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I have also discussed 1.
Absorption costing method, 2.
Direct costing method and 3.
ABC costing method but i am not sure if his answer is correct.