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A job order costing system accumulates the costs associated with a specific batch of products. Each product produced is considered a job. Chapter 2 Systems Design Job Order Costing This system is mainly used by those organizations that are providing customer specific jobs. Job order costing sys…

The cost of goods manufactured cogm is a calculation that is used to gain a general understanding of whether production costs are too high or low when compared to revenue. Cost of goods manufactured also known to as cogm is a term used in managerial accounting that refers to a schedule or statemen…