Why is it important for managers to be able to determine the cost of a particular item?

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Why is it important for managers to be able to determine the cost of a particular item? Name one decision that a company might make using cost information.

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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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Question Posted: Feb 27, 2015 09:33 AM

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Why is it important for managers to be able to determine the cost of a particular item?

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Cost information is critical to managerial decision making For ex...View the full answer

Managerial Accounting

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