What level of importance do product costs play

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Question: Watch the videos and then discuss the components of product costs and how they are used in managerial accounting. Talk about what management decisions are made using product costs. What level of importance do product costs play in the business process? Please make sure your response is between 150 and 250 words.

Video: Product Cost: What Is The Real Cost? (By CostMatters)

Reference no: EM132085496

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