Solved: Assuming that costs for other colleges are the same as for, Cost Accounting

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Assuming that costs for other colleges are the same as for

1. Considering just the College of Business at your uni- versity, estimate each of the costs in step 4. Make and justify assumptions about labor rates and other factors.

2. Assuming that costs for other colleges are the same as for the College of Business (an unrealistic assumption; law and medicine probably have higher costs), what is the total cost for the two processes you selected for your university, in total?

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Cost Accounting: Assuming that costs for other colleges are the same as for

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