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You enjoy making cakes and pastries and have decided to open up a small bakery across from campus.You plan on making a variety of baked items,probably a couple of different batches each day since the processes differ for each variety.You recall from your managerial accounting class that product costing is important and that there are a few different choices in determining product costs.
Would product costing be important for a small operation such as this? Why or why not? If you were to use a product costing system,which one would you use and why?
Predict
To declare or indicate in advance; especially to foretell on the basis of observation, experience, or scientific reason.
Products
The substances that are formed as a result of a chemical reaction.
Major Organic Product
The primary product resulting from an organic reaction, typically the one in greatest yield or of greatest importance.
Mechanism
The detailed step-by-step description of how a chemical reaction occurs at the molecular level.
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