by: Admin_LouisPosted on:

The following are methods of valuing stock except

The following are methods of valuing stock except
Straight line method
First-in-first-out
Standard price
Retail method

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  1. ________ is the cost of sequence of operations which begins with supplying materials, labor and services and ends with the primary packing of the product.
  2. _______ variable costs are those variable costs which are directly related to the production or sales level
  3. ________ measures the efficiency of the firm in utilization of capital employed to generate income.
  4. _________ are cost of formulating policy, directing and controlling operations not related directly to production, selling, distribution or research and development.

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