How to cost product in competitive business environment


Discuss the below:

The managerial accountant serves several sectors of the organization. In an ethical dilemma, a simple question can solve many problems. "So in everything, do to others what you would have them do to you?" Matthew 7:12a (New International Version)

What does it mean to "do to others what you want them to do for you?"

Is this possible in today's competitive business environment?

Does this have implications in how we cost products?

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Managerial Accounting: How to cost product in competitive business environment
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