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in Chapter 2, we are discussing some basic cost management concepts. We are looking at a manufacturing company, which is a type of company that
in Chapter 2, we are discussing some basic cost management concepts. We are looking at a manufacturing company, which is a type of company that purchases raw materials and converts them into a finished products to sell to customers. For this assignment you will need to include the following in your post:
2. list atleast three ways that the financial statements of a manufacturing company are different than a service based company (Hint: Think of the different accounts involved in a manufacturing company)
3. We learn in Chapter 2 about tangible products. These can be physically touched. Include the products that your favorite manufactuing company sell?
4. How do you think effective cost management improves the success of a business ?
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