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Lenny and Denny are asking several firms to provide a proposal recommending what type of costing approach will help them determine more accurate cost information

Lenny and Denny are asking several firms to provide a proposal recommending what type of costing approach will help them determine more accurate cost information for Loddy Doddys pricing and product decisions Your firm has been invited to provide a proposal In no more than 1000 words write an executive summary addressing the following questions Remember this information will be presented to the class Feel free to use visuals in your presentation to emphasize your points

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COSTING APPROACH Inventory Costing Inventory costing determines how purchased materials and materials MadetoStock MTS are priced Most companies will employ one of the following types of inventory cost... blur-text-image

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