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Describe the Selling costs and Development costs
Selling costs:
These are costs of seeking to create and stimulate demand (sometimes termed as marketing) and securing orders.
Development costs:
There are costs of the process which begin with implementation of the decision to produce a new or improved product or to employ a new or improved method and ends with the commencement of formal production of the product or employment of the method.
Rate of return or target pricing method Under this method of price determination first of all a rate of return desired by the enterprises on the amount of profit capital inves
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Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,730 and two jobs in process: Job No. 429 $2,150, and Job No. 430
Explain product cost Product costs are those costs which are associated with and directly identifiable with the product. In other words, which are assigned to the product are p
Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making
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The significant objectives of short-term cash forecast are as given: find out operating cash requirement anticipating short term financing Organization investment of
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