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Intangibleproductsaregoodsproducedbyconvertingrawmaterialintofinishedproducts 1. Servicesdifferfromtangibleproductsonthreedimension:intangibility,perishability,andinseparability. a. True b. False 2. Intangibleproductsaregoodsproducedbyconvertingrawmaterialintofinishedproductsthroughtheuseoflaborandcapitalinputs. a. True b. False 3. Productioncostsarecostsassociatedwithmanufacturinggoodsorprovidingservicesandareclassifiedasdirectmaterials,directlabor,andoverhead. a. True b. False 4. Conversioncostisthesumofdirectmaterialsanddirectlaborcostandprimecostisthesumofdirectlaborandoverheadcost. a. True b. False  5. Productcostsincludeproduction,marketing,andcustomerservice,andareusedforstrategicdesigndecisionsandtacticalprofitabilityanalysis. a. True b. False Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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Intangibleproductsaregoodsproducedbyconvertingrawmaterialintofinishedproducts
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