(a) Describe the role of the cost accountant in a manufacturing organization. (b) Explain whether you agree...
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(a) Describe the role of the cost accountant in a manufacturing organization.
(b) Explain whether you agree with each of the following statements: (i) 'All direct costs are variable.' (ii) 'Variable costs are controllable and fixed costs are not.' (8 marks) (iii) 'Sunk costs are irrelevant when providing decision-making information.' (9 marks) ACCA Level 1
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