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COST ACCOUNTING - Coggle Diagram
COST ACCOUNTING
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concepts
costs
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It is the sum of all the efforts that are used to transform the raw material into a finished product.
Value incurred in the production of a product since the acquisition, transformation and completion of the product.
expense
They are all the resources that when incurred orrogated provide an immediate benefit to the company.
They are incurred and marketing or support activities, they can generally be considered under the classification of administration and sales expenses.
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