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Why are overhead cost elements growing as a percentage of total manufacturing costs, while direct labor and direct material costs are shrinking? Why is cost

Why are overhead cost elements growing as a percentage of total manufacturing costs, while direct labor and direct material costs are shrinking?

Why is cost accounting less constrained than financial accounting is by formal rules imposed from outside the firm?

Since costs of joint products are quite arbitrarily arrived at, what possible use do they have in an accounting system?

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