Refer to the 'Real life' describing product costing in small businesses. Why product is cost information important

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Refer to the 'Real life' describing product costing in small businesses. Why product is cost information important to small businesses and what do you think might discourage these businesses from implementing a product costing system?

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Management Accounting

ISBN: 9781760421144

7th Edition

Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton

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Question Posted: Nov 01, 2017 05:36 AM

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Refer to the 'Real life' describing product costing in small businesses. Why product is cost information important

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Managers need cost information to support a range of managerial roles including shortterm and strate...View the full answer

Management Accounting

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