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Pick a REAL company (local or national) that manufactures a product that would be accounted for via the Process Costing method (you should read chapter
Pick a REAL company (local or national) that manufactures a product that would be accounted for via the Process Costing method (you should read chapter 6 to get an understanding of process costing and the application of this costing method). 1. What is the name of the Company? 2. What is that company's main/major product? 3. Why would the company use process costing on this product? 4. What are the three categories/types of Product Costs? 5. Give 5 examples of product costs for the company/product you selected. Please provide the specific product cost and type of product cost.
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