Explain how each of these costs relates to developing managerial accounting information required for decision...
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Accounting
- Explain how each of these costs relates to developing managerial accounting information required for decision making.
- Summarize why a manager should understand these concepts, providing an example to support your rationale
- Explain the differences between fixed and variable costs and provide three examples of each type of cost.
- Summarize the importance for managers to classify these costs correctly, including how the correct classification can inform decision making.
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