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How the cost flows differ in a depending on the type

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Reference no: EM132992645

This module discusses the different types of costs that are found in different types of businesses and how they are applied to jobs. Discuss all of the following:

Question 1: Describe the flow of costs from raw materials to cost of goods sold (the flow all the way through the production process until they are sold to a customer) in a manufacturing organization.

Question 2: Explain how the cost flows differ in a depending on the type of business (retail organizations, service organizations, and manufacturing organizations).

Question 3: Describe the flow of costs in your organization based on your understanding of the material.

Reference no: EM132992645

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