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QUESTION 11 Manufacturing costs are generally classified into which of the following categories? O Relevant costs and irrelevant costs O Direct materials, direct labor, and
QUESTION 11 Manufacturing costs are generally classified into which of the following categories? O Relevant costs and irrelevant costs O Direct materials, direct labor, and manufacturing overhead O Prime costs and conversion costs O Conversion costs, marketing costs, and administrative costs QUESTION 12 An out-of-pocket costs is: O an actual outlay of cash. O the cost of not doing something. O a deferred cost. O a budgeted estimate
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