Solution-Compare period costs and product costs

Compare period costs and product costs

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Reference no: EM132634431

Problem 1 Compare / contrast. Why are these two different?

a) Inventoriable costs and period costs.

b) Direct costs and indirect costs.

c) Manufacturing costs and non-manufacturing costs.

d) Period costs and product costs.

e) Operating costs and non-operating costs.

Problem 2 Budgets are an integral part of management control systems. Evaluate this statement with real life example.

Problem 3 CVP analysis help managers to take better decision. Justify with real life scenario.

Reference no: EM132634431

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Compare period costs and product costs

Reference no: EM132634431

Reference no: EM132634431

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