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You have started your own catering business. 1. What would be the major costs of the business? Classify the costs into the areas of direct
You have started your own catering business. 1. What would be the major costs of the business? Classify the costs into the areas of direct materials, direct labor, manufacturing overhead, general and administrative costs, and selling costs. 2. In general, would it be expected that the company's indirect (overhead) costs to be less or more than direct costs? What allocation base could be used to charge overhead costs to individual customers
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