Intermediate (a) Describe the role of the cost accountant in a manufacturing organization. (8 marks) (b) Explain
Question:
Intermediate
(a) Describe the role of the cost accountant in a manufacturing organization.
(8 marks)
(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.’
(iii) ‘Sunk costs are irrelevant when provid¬ ing decision making information
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