JJ01 - a Depreciation b Materials costs c Rent d...

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1 Managerial Accounting by James Jiambalvo Chapter 1: Managerial Accounting in the Information Age Goal of Managerial Accounting 1. Planning 2. Control 3. Decision Making Cost Terms 1. Variable vs. Fixed Costs 2. Sunk Costs 3. Opportunity Costs 4. Controllable vs. Noncontrollable Costs 5. Direct vs. Indirect Costs
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2 Variable Costs Fixed Costs Mixed Costs
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