Vinh Yen claims that the distinction between direct and indirect materials is based entirely on physical association

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Vinh Yen claims that the distinction between direct and indirect materials is based entirely on physical association with the product. Is Vinh correct? Why?

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Accounting Principles

ISBN: 978-0470534793

10th Edition

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

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