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Why should an employee have some understanding of costing

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Assignment: 1a Why should an employee have some understanding of costing if they are not in the accounting department?

1b Explain how the method of costing used will impact the company with: (A) the quoting of customer jobs and (B) gross margin/profit on the Income statement.

This question will help the students to understand why they need to study accounting. responses should be a minimum of 250 words, with a goal of 500 words with at least 1 outside, academic strength source for each question.

Reference no: EM132378037

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