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1. How are costs identified to individual products? 2. How does management determine which products to produce in order to maximize their long term value?

1. How are costs identified to individual products?

2. How does management determine which products to produce in order to maximize their long term value?

3. How are the products produced in order to determine their profitability and marketability (quality) within their market.

4. In a normal production process would management monitor the production process? If so why?

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