There are several key building blocks used in creating and maintaining costing systems today. These include:
- Cost objects
- Direct and indirect costs
- Cost pools
- Cost allocation bases
Using these building blocks, share an example where you could use these elements to support both a job costing system and a process costing system. Be sure you include the building blocks you would use in your example and why.
Please make this 1-2 paragraphs and in APA format.
Please include a reference page and site sources within the paper.