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List two tips a manager could use to make the discipline process more effective.
Beginning Inventory
The value of all the inventory held by a business at the start of an accounting period.
Equivalent Units
A concept used in cost accounting to standardize heterogeneous units of production, making them quantitatively comparable.
Equivalent Units
Equivalent units are used in cost accounting to represent the amount of work done during a period, expressed in terms of fully completed units.
Direct Materials
These are the raw materials that are directly traceable and integral to the finished product in the manufacturing process.
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