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July 28, 2015

Homework Help: Cost of Accounting

Posted by Josephine on Friday, September 25, 2009 at 1:36pm.

1-How does an actual system differ from a normal costing systems? What advantages does a normal costing systems offer?

2-Why is it necessary for a company to specify a relevant range of activity when making assumptions about cost behavior?
3- Why is it more important to have legally binding cost accounting standards for defense contractors than it is for other entities?

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