What are the three categories of product cost in a manufacturing operation? Describe each element briefly.

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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Posted: Apr 25, 2012 07:33 AM

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What are the three categories of product cost in a manufacturing operation? Describe each element briefly.

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Direct materials Materials in their raw or unconverted form which become an integ...View the full answer

Fundamentals of Cost Accounting

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