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Most businesses can be classified into one or more of these three categories: manufacturing, merchandising, or service. Some companies combine aspects of two or all

Most businesses can be classified into one or more of these three categories: manufacturing, merchandising, or service. Some companies combine aspects of two or all three of these categories within a single business. Some of the costs are similar across different types of businesses; others are unique to a particular business. Think about the different types of businesses and provide some examples of costs that they may incur (and some that may not).

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