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Why do accountants normally calculate cost per unit as an average? Multiple choice Determining the exact cost of a product is virtually impossible. Some manufacturing-related
Why do accountants normally calculate cost per unit as an average? Multiple choice
- Determining the exact cost of a product is virtually impossible.
- Some manufacturing-related costs cannot be accurately traced to specific units of product.
- Even when producing multiple units of the same product, normal variations occur in the amount of materials and labor used.
- All of these are justifications for computing average unit costs.
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