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_______ are/is a mechanism to help implement planned organizational change.
Cost Reconciliation
The process of analyzing and adjusting the differences between the reported cost and the actual cost to ensure accuracy in financial records.
Equivalent Units
A concept used in cost accounting to normalize mixed units of production into a singular unit count, facilitating cost analysis.
Conversion Costs
Costs required to convert raw materials into finished products, typically including direct labor and manufacturing overhead.
Materials
The raw items or supplies used in the production of goods and services.
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