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Determine the actual cost of a good or service

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Reference no: EM13892881

Question: Issues in Costing

Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold. For each of your issues, provide an example of a company or industry where these issues could be present.

REFERENCE:

Cerrato, N. (2010, January 23).Hershey's chocolate making process [Video file]. Retrieved from https://www.youtube.com/watch?v=0TcFYfoB1BY

Websites

Zacks Investment Research. (2011). Airline industry stock outlook - August 2012. Retrieved from https://www.zacks.com/stock/news/81160/airline-industry-stock-outlook-august-2012

Principles of accounting: Volume II. (2012). San Diego, CA: Bridgepoint Education. CH 4 CH 5

Reference no: EM13892881

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