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Consider the following statement: Full cost information (direct materials, direct labor, variable overhead and fixed overhead) provides managers with the most accurate information for making
Consider the following statement: "Full cost information (direct materials, direct labor, variable overhead and fixed overhead) provides managers with the most accurate information for making short-term decisions" Do you agree or disagree, AND WHY? Justify your position. Consider the following statement: "The main reason that companies use normal costing for overhead is to aid in the accuracy of financial statements" Do you agree or disagree, AND WHY? Justify your position
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