Most firms' financial statements include research and development, and customer service costs as selling and administrative costs.
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Q3: Products or services are the final cost
Q31: A cost accounting system first assigns costs
Q35: Product costs first become part of the
Q36: A merchandising company has direct materials inventory.
Q37: Whenever economically feasible, managers prefer costs to
Q38: In general, many more costs are direct
Q39: Sometimes employee benefits are included in direct-labor
Q42: A manufacturer has three classes of inventories:
Q44: Direct manufacturing costs are the same as
Q45: Finished goods inventory for a manufacturer is
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