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The content and character of news programming can have far-reaching political consequences.Discuss three kinds of media effects and give a detailed example of each.Is there any bias in the kind of issues media chooses to report? Explain.
Cost Per Equivalent Units
A method used in process costing that calculates the cost assigned to units produced during a period, considering partially completed units as fractions of whole units.
Weighted Average Method
An inventory valuation method that calculates the cost of goods sold and ending inventory balance using a weighted average of the costs of all items available for sale during the period.
FIFO Costing
An inventory valuation method that assumes that the first items placed in inventory are the first ones sold, standing for First In, First Out.
Unit Costs
The cost incurred by a company to produce, store, and sell one unit of a particular product or service.
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