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What are spoilage, rework, and scrap, and how are they accounted for under job order versus process costing systems? Why are they treated differently?...

  1. What are spoilage, rework, and scrap, and how are they accounted for under job order versus process costing systems? Why are they treated differently?
  2. How can companies reduce the conflict between the EOQ decision model and models used for performance evaluation?
  3. Is there any truth in the statement "geographical pricing will always be unfair to buyers who do not live within the target geography?" Why or why not?
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