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Product costing and inventory valuation

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Reference no: EM13491799

Question # 1

When a process costing system is used, explain how the normal and abnormal spoilages information influenceson:

a) product costing and inventory valuation

b) decision making and performance management

Question # 2

Explain how the use of absorption costing can encourage managers to engage in behaviour that is harmful to the organisation.

Reference no: EM13491799

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