For a production manager and internal auditor of a company, why is it important in...

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Accounting

For a production manager and internal auditor of a company, why is it important in cost management to keep track of all the wasted and discarded material in the production process, why would he use a written record of this wasted and damaged material and what are the What are the benefits of doing this tracking and calculating the quantity of this material as a percentage of the cost per job order?

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