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Identify the type of cost with reasons: 1.A company had paid 8,00,000 to a marketing research company to find expected demand of the newly developed product of the company 2.A company has invested 25,00,000 in a project. The company could have earned 3,00,000 by investing the amount in proper government securities. 3.Accountant of a cloth factory paid 25,000 for water which has been used for washing the clothes.

Identify the type of cost with reasons: 1.A company had paid 8,00,000 to a marketing research company to find expected demand of the newly developed product of the company 2.A company has invested 25,00,000 in a project. The company could have earned 3,00,000 by investing the amount in proper government securities. 3.Accountant of a cloth factory paid 25,000 for water which has been used for washing the clothes.

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter12: Activity-based Management
Section: Chapter Questions
Problem 19E: A company is spending 70,000 per year for inspecting, 60,000 per year for purchasing, and 56,000 per...
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Identify the type of cost with reasons:

1.A company had paid 8,00,000 to a marketing research company to find expected demand of the newly developed product of the company

2.A company has invested 25,00,000 in a project. The company could have earned 3,00,000 by investing the amount in proper government securities.

3.Accountant of a cloth factory paid 25,000 for water which has been used for washing the clothes.

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