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Problem - how budgeting promote better organization

Problem - How budgeting promote better organization performance?

Discuss the following cost behavior concept with relevant example in relation to "furniture manufacturing industry"

1. Fixed Cost

2. Variable Cost

3. Semi Variable cost

4. Step cost

5. Sunk cost

6. Opportunity Cost

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Accounting Basics: Problem - how budgeting promote better organization

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Accounting Basics: Problem - how budgeting promote better organization

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