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Do you agree that full costing based on practical capacity is the best costing system to all purposes of management accounting? If yes then expand
Do you agree that full costing based on practical capacity is the best costing system to all purposes of management accounting? If yes then expand in more than 10 lines the reason why you agree with the above statement?
Under what circumstances will full costing report higher profits than variable costing? Expand and explain the reasoning and why do you believe that the full costing report will give higher profits than variable costing ?
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