Whether it is a corporation, a LLC, or a small business, whether the business can either sell goods or provides services or both, to be successful, income must be greater than the cost it is essential to be able to accurately track costs. How do businesses keep track of costs accurately? This paper summarizes three costing systems that businesses use: job order costing, process costing, and activity-based costing.
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Ngandu, Elie, "An Analysis of Costing Systems" (2018). A with Honors Projects. 241.