Asked by Josephine
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?
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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