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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 product costs. Under marginal costing variable manufacturing costs and under absorption costing total manufacturing costs constitute product costs. A product cost is thus the sum of the costs assigned to a product for a specified purpose.
FOR each of the following cases, indicate why management and the auditors determined that control deficiency was a material weakness. Case1. In our assessment of the effectiveness
Cost concept . techniques of costing . absorption costing
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using the operating cycle and any other financial management knowledge,discuss the applicabilty of such cycle to poultry
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accepted#Regarding the Overhead costs, these are allocated based on Direct Labor;
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