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  3. in product mix decision making the objective is to

In product mix decision making the objective is to concentrate on those products/services that yield...

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Accounting

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In product mix decision making the objective is to concentrate on those products/services that yield the smallest contribution per limiting factor who o The cost of wood used in the manufacture of different types of furniture is an example of Cost Object O Sunk Cost O Relevant Costs O Direct Material Costs Period Costs Indirect Costs Opportunity Cost The costs that can be identified with a specific repair in a firm that repairs computers. It covers the salary of the technician, is an example of Direct Material Costs Cost Object Period Costs Direct Labor Costs Sunk Cost Relevant Costs Indirect Costs The costs of resources already acquired by a decision that has been made in the past and are unaffected by the choice between the various alternatives are known as Direct Costs Indirect costs Relevant Costs Sunk Cost Opportunity Cost Period Costs Product Costs Useful for decision-makers Data O Product life cycle o Management Accounting Value chain analysis O Information Financial Accounting O

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