Does manufacturing cost essential for the computation of a product cost?why?
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Does manufacturing cost essential for the computation of a product cost?why?
Does manufacturing cost essential for the computation of a product cost?why?
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Answer:
Does manufacturing cost essential for the computation of a product cost?why?
Because Production costs reflect all of the expenses associated with a company conducting its business while manufacturing costs represent only the expenses necessary to make the product. Both of these figures are used to evaluate the total expenses of operating a manufacturing business.