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Which of the following are ways by which managerial accounting provides information and reports for managers to use in operating the business? a . Managerial
Which of the following are ways by which managerial accounting provides information and reports for managers to use in operating the business? a Managerial accounting provides the cost of manufacturing a product, which can be used to determine its selling price. b Managerial accounting allows for comparing the costs of manufacturing products over time and can be used to monitor and control the cost of direct materials, direct labor, and factory overhead. c Performance reports allow management to identify any large amounts of scrap materials or employee downtime. d All of these choices are correct.
Which of the following are ways by which managerial accounting provides information and reports for managers to use in operating the business?
a Managerial accounting provides the cost of manufacturing a product, which can be used to determine its selling price.
b Managerial accounting allows for comparing the costs of manufacturing products over time and can be used to monitor and control the cost of direct materials, direct labor, and factory overhead.
c Performance reports allow management to identify any large amounts of scrap materials or employee downtime.
d All of these choices are correct.
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