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6 Choose TWO of the terms/techniques listed below and for each one: Explain the meaning of the term/technique, 1) ii) Drawing on your experience of

6 Choose TWO of the terms/techniques listed below and for each one: Explain the meaning of the term/technique, 1) ii) Drawing on your experience of management accounting, give two examples of its application, iii) Explain some of the practical limitations of which users should be aware with regard to the term/technique. a) Marginal Cost b) Direct Material Mix Variance c) Internal Rate of Return d) Margin of Safety

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