how do job order and process costing systems as well as their related valuation meth 641790

  1. How do job order and process costing systems, as well as their related valuation methods, differ?
  2. What are the distinguishing characteristics of a job order costing system?
  3. What are the primary documents supporting a job order costing system and what purposes are served by each of them?
  4. How are costs accumulated in a job order costing system?
  5. How are standard costs used in a job order costing system?
  6. How does information from a job order costing system support management decision making?
  7. How are losses treated in a job order costing system?