Product cost system
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Assuming I own a wedding invitation printing company. I would need information to budget next years activities. Which costs are likely to be available in the company's product costing system?
1. Cost of paper and envelopes
2. Printing machine setup costs
3. Depreciation of printing machinery
4. Advertising costs
5. Repair costs for printing machinery
6. Costs to deliver stationary to customers
7. Office supplies costs
8. Costs to design a wedding invitation
9. Cost of ink
10. Sales commissions
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Solution Summary
The solution explains the type of costs that would be available in the product cost system from the given costs.
Solution Preview
All costs connected with the manufacturing process (direct material, direct labor and overhead costs) ...
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