Explain what types of costs you plan on using to distinguish the different types of cabinets that
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Question:
- Explain what types of costs you plan on using to distinguish the different types of cabinets that will be produced.
- Examples should include direct costs items, indirect costs items, as well as variable costing.
- What are at least 5 types of expenses that are associated with manufacturing the cabinets?
- Cost accounting methods
- Explain how product costing is used for a cabinet division.
- Give 2 examples of how you will use product costing.
- Which costing method will you use for the cabinet division: Activity-based costing (ABC), job order costing, or process costing?
- Validate your answer with 2-3 reasons for and 2-3 reasons against the other types of costin
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