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Determine the Inputted cost
It is hypothetical cost required to be considered to make costs comparable. It is the owner of the factory charges rent of the factory to the cost of production to make cost comparable with that of those undertakings which run production in rental factories; it is an inputted cost as the rent has actually not been paid. Same is the case with charging interest on down's capital.
Explain with examples five areas where linear programming can be applied in Managerial accounting
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Market value There is universal agreement that in competitive markets a market value based transfer price should achieve optimal results. In this circumstance, it can be expected
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