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Which of the following would explain why a company might need to follow very stringent rules that specify the way in which joint costs are

Which of the following would explain why a company might need to follow very stringent rules that specify the way in which joint costs are assigned to products?

Part 1

A.

to satisfy FASB

B.

to increase market share

C.

to satisfy a federal contract reimbursement stipulations

D.

so that cost of goods sold is accurate for income tax purposes

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