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A number of terms are provided. Click the icon to view the terms.) Required Complete the sentences below 1) There is no perfect machine nor

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A number of terms are provided. Click the icon to view the terms.) Required Complete the sentences below 1) There is no perfect machine nor is there a perfect manufacturing process. That is why each process has at least one M to assess the output quality and send the units back for Vand ultimately prepare for sale or them Costs of reworked units are non-value added for the customer who will therefore not pay for them. The company bears this cost X Required FO pal Select the terms from the accompanying list to complete the following sentences 1. There is no perfect machine. nor is there a perfect manufacturing process That is why each process has at least one to assess the output quality and send the units back for and ultimately prepare for sale or them Costs of reworked units are non-value-added for the customer who will, therefore not pay for them. The company bears this cost. 2. The difference between and is in accounting for the costs. is predictable but unavoidable therefore ASPE/FRS allows this cost in cost of goods manufactured is avoidable but unpredictable and ASPE/FRS requires this cost to be expensed. These costs did not produce an asset from which future revenue will be recovered and therefore, are not part of cost of goods manufactured ilti tus Print Done

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