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?
Q2. What is meant by a product's contribution margin ratio? How is the ratio useful in planning business operations?
Each answer should be answerd separately.
- Posted: 4 years ago
- Due: 05/09/2015
- Budget: $5