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Though Still in College, Patrick Hopes to Work for a Global

question 41

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Though still in college, Patrick hopes to work for a global company someday, overseeing public relations across multiple countries and regions. He is already taking courses in international relations and business, in addition to studying public relations. What is one of the best steps Patrick can take now to better prepare him for success in his dream job of global PR?

Identify and calculate cost of goods sold (COGS) in manufacturing.
Differentiate between various types of costs (fixed, variable, product, period) and their relevance to accounting and decision making.
Analyze how direct and indirect costs impact product pricing and cost management.
Understand the role of manufacturing overhead in product costs.

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