Create a product cost outline for these processes

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Assignment Question -

Australia is a major manufacturer in dairy products.

To ensure the long-term health of this very important industry, dairy producers need to understand the costs of the milk they produce.

(1) Do you think Australian dairy producers use job costing, process costing or a combination of these two product costing systems in producing milk?

(2) Based on your answer to Question 1, consider each step in the production of a dozen bottles of milk. Create a product cost outline for these processes using your own figures.

(3) Based on your answer to Question 1, what factors outside of production costs would you suggest in order to improve the net profit?

Reference no: EM131934460

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len1934460

4/9/2018 2:56:00 AM

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len1934460

4/9/2018 2:55:55 AM

Important: The assignment will only be considered as submitted when you accept the assignment submission statement and your grading status changes to submitted for grading. This report must comply with Melbourne Polytechnic policies and academic conventions for report writing, plagiarism and referencing. Your teacher will discuss these policies with you and further information is available on the Melbourne Polytechnic Student Intranet.

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