Unit costs have two primary functions. a. Accountants use unit costs to determine the value of ending

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Unit costs have two primary functions.

a. Accountants use unit costs to determine the value of ending inventory and cost of goods sold.

b. Managers use unit costs as the basis of decisions about pricing products, continuing a product line, allocating limited resources, and establishing marketing strategies.

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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