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A manufacturing company must record and analyze many different costs from many different perspectives to truly understand what an individual product costs them. Using the

A manufacturing company must record and analyze many different costs from many different perspectives to truly understand what an individual product costs them. Using the text information, in your own words, describe the many classifications for costs. How are they recorded in the accounting system and reports, and what does each specifically tell the user? How is this different from the information recorded in a retail organization?

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