Tony Siebers claims that the distinction between direct and indirect materials is based entirely on physical association

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Tony Siebers claims that the distinction between direct and indirect materials is based entirely on physical association with the product. Is Tony correct? Why or why not?

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Managerial Accounting Tools for Business Decision Making

ISBN: 978-1118033890

3rd Canadian edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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