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There are basically two distinct methods of calculating product costs.
Required:
Compare and contrast the two methods.
Down Payment
A portion of the purchase price paid to the seller at the time of sale.
Deposit
Money given in advance as security or part payment, indicating commitment to a purchase or agreement and may be refundable under specific conditions.
Specific Performance
A judicial remedy requiring a party to fulfill their obligations under a contract, typically used when monetary damages are inadequate.
Injunctions
Court orders requiring an individual or entity to do or refrain from doing specific acts.
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