How does new costing techniques help to reduce the cost of goods sold as compared to the

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How does new costing techniques help to reduce the cost of goods sold as compared to the traditional techniques? elaborate with giving examples.

Posted Date: May 13, 2024 05:51 AM

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How does new costing techniques help to reduce the cost of goods sold as compared to the

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Expert Answer:

New costing techniques can help reduce the cost of goods sold COGS compared to traditional costing methods in several ways Here are some examples 1 ActivityBased Costing ABC Traditional costing method... View the full answer

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