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  3. part a. an accounting firm provides tax consulting

Part A. An accounting firm provides tax consulting for estates and trusts. Their job costing...

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Accounting

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Part A. An accounting firm provides tax consulting for estates and trusts. Their job costing system has a single direct cost category (professional labor) and a single indirect cost pool (research support). The indirect cost pool contains all the costs except direct personnel costs. All budgeted indirect costs are allocated to individual jobs using actual professional labor hours. Required: Discuss the reasons this accounting firm might use normal costing in its job order system rather than actual costing

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