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1. Describe the managerial accountant's role in business planning, control, and decision making? 2. Identify and describe the three categories of manufacturing costs. Distinguish between
1. Describe the managerial accountant's role in business planning, control, and decision making?
2. Identify and describe the three categories of manufacturing costs. Distinguish between (a) factory overhead and (b) selling and administrative overhead.
3. Describe the relations among the income statement, the schedule of costs of goods manufactured, and a detailed listing of factory overhead costs.
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