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Author Question: For external reporting purposes, indirect manufacturing costs must be allocated to individual units. (Read 73 times)

tichca

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on: Mar 6, 2021

Question 1

Which of the following statements is true?
◦ Product costs and design costs are interchangeable terms.
◦ Inventoriable costs are assigned to inventories under GAAP.
◦ Manufacturing costs are a special case of period costs.
◦ Intangible costs refer to a particular cost of a product.

Question 2

For external reporting purposes, indirect manufacturing costs must be allocated to individual units.
◦ true
◦ false
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by tichca on Mar 6, 2021

upturnedfurball

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tichca

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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