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Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each of the

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Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each of the following descriptions with the appropriate costing concept. Clear All Generally provides the most useful report for controlling costs Absorption costing only Generally provides the most usefut report for setting long-term prices Variable costing only May be used in a manufacturing company Both absorption and variable costing Includes gross profit on the come statement

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