How does contract costing differ from job costing?

Contract costing and job costing are two methods used in cost accounting for determining the cost of specific projects, jobs, or contracts. While they share some similarities, they differ in several aspects. Here's a comparison between the two:

1. Nature of Work:
   - Contract Costing: Contract costing is typically used for large-scale construction projects, such as building a bridge, constructing a power plant, or erecting a _____ ____ ________ ____ __________ _______ ____ ________ ____ __________.
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