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1.Describe, in your own words, how the cost of a product or product is determined service in a company. 2. Explain, in your own words,

1.Describe, in your own words, how the cost of a product or product is determined service in a company. 2. Explain, in your own words, how the selling price of a product or service. 3. Mention and explain the differences that exist between a master budget and a flexible budget

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