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Do you think it makes sense to separate product costs from period costs for management purposes? What about for external reporting purposes? Why or why

Do you think it makes sense to separate product costs from period costs for management purposes? What about for external reporting purposes? Why or why not? Should the costs be treated differently for management and external reporting purposes?

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Need to separate product and period costs According to Jamison 2013 product cost is costs related to the materials labor and overhead considered in th... blur-text-image

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