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Explain 1. Differentiate Manufacturing Operations from Service Operations. 2. Differentiate Manufacturing Operations from Merchandising Operations. 3. What are the two basic product costing systems? Describe

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1. Differentiate Manufacturing Operations from Service Operations.

2. Differentiate Manufacturing Operations from Merchandising Operations.

3. What are the two basic product costing systems? Describe each.

4. What are the inventories maintained in a manufacturing operations? Define each.

5. Present the Income Statement Format of a Manufacturing Business.

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Pls add the Link of sources or references for further study purpose thank you

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