Write a 150 word minimum answers to the following two questions in your own words!! Q1. Why is cost

Write a 150 word minimum answers to the following two questions in your own words!!

 

Q1. Why is cost accumulation simpler in a process costing system thanit is in a job-order costing system?

 

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Q2. What is meant by a product's contribution margin ratio? How is the ratio useful in planning business operations?

 

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Each answer should be answerd separately.

    • Posted: 4 years ago
    • Due: 05/09/2015
    • Budget: $5