activities and related data follow. (Click the icon to view the activity areas and related...
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activities and related data follow. (Click the icon to view the activity areas and related data.) whole dollar.) desk. Data table Prescott produced two styles of desks in March: the Standard desk and Unpainted desk. Data for each follow: ro amounts. Round your answers to the nearest ch. Similar analyses were conducted painted desk. Compute the full product costs per Requirement 3. Which product costs are reported in the external financial statements? Which costs are used for management decision making? Explain the difference. are reported in the financial statements. Managers use for decisions such as pricing and product emphasis. Full product costs include the lat are expensed as incurred for external reporting. However, these costs often are Requirement 4. What price should Prescott's managers set for Standard desks to earn a $43 profit per desk
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