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How do you find total cost in accounting 2024?
Questioner:Lucas Patel 2023-05-07 15:05:15
The most authoritative answer in 2024
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Scarlett Wilson——Studied at the University of Vienna, Lives in Vienna, Austria.
To apply the total cost concept, follow these steps:Estimate total manufacturing costs.Estimate total selling and administrative expenses.Calculate estimated total cost (step 1 + step 2)Calculate total cost per unit: divide total cost (step 3) by the total number of units expected to be produced and sold.More items...
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