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4. When a business is going well and running near capacity, full costing should be used and products should be priced at or below their

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4. When a business is going well and running near capacity, full costing should be used and products should be priced at or below their full cost. True False 5. Understanding costing (and pricing) options allows us to better respond to the demands of our sector. True False 6. Which of these cost methods does the instructor suggest a pizza business might use, given the variability of the cost of cheese? Standard costing Job order costing Direct costing Unit costing

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