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This question has two parts;be sure to answer both.First,what are external stakeholders? Next,imagine you are the manager of an art gallery,Diaspora,whose mission is to show (and sell)art by marginalized populations,such as the homeless or undocumented immigrants.Describe at least three of Diaspora's external stakeholders in the task environment.
Equivalent Units Of Production
A concept in cost accounting used to allocate costs to partially completed units of production, enabling a consistent way to value inventory and measure productivity.
FIFO Method
An accounting method where the oldest inventory items are recorded as sold first.
Equivalent Units Of Production
A calculation used in process costing that converts partially completed goods into a number of fully completed units.
Conversion Costs
The combined costs of direct labor and manufacturing overheads incurred to convert raw materials into finished products.
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