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i. ii. Distinguish between following cost concepts with examples a. Direct Costs and Indirect Costs b. Variable Costs and Fixed Costs c. Inventoriable Costs
i. ii. Distinguish between following cost concepts with examples a. Direct Costs and Indirect Costs b. Variable Costs and Fixed Costs c. Inventoriable Costs and Period Costs d. Prime Costs and Conversion Costs (05 marks each X 4 = 20 marks) State 05 Management Accounting techniques which can be applied in an Engineering Organization easily. (05 marks)
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