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Robert & Thompson are two new Entrepreneurs who have setup a production unit which continuously mass produce a similar product?

 Identical Units

 

Please advice the administration on which ‘Cost Accumulation Procedure’ is best suited in terms of Accounting & Financial purpose?

 

1. Job order

2. Actual

3. Process

4. Standard

Accounting Entrepreneurship Administration Finance Management
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Question added by IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd
Date Posted: 2015/12/09
Upvote (1) Views (3) Followers (3) Answers (4) Report Question
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Umair Javed
by Umair Javed , Deputy Manager Accounts & payables , Fazal Group Of Companies

THE BEST COST METHOD FOR THIS KIND OF ADMINISTRATION IS ABC(ACTIVITY BASED COSTING).BUT IF WE TALK ABOUT THE GIVEN Options PROCESS COSTING IS BETTER.

Sobhy Elswaf
by Sobhy Elswaf , Accounting Manager , Smart Glass

I am also agree with Umair the process method is better for them 

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

agree with  mr umair javed answer  

abdulaziz khorshid
by abdulaziz khorshid , CREDIT MANAGER , RASHED ABDUL RAHMAN ALRASHED

actual is the correct answer >>>>>

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