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Partially completed units can be worked on simultaneously in different processes then brought together in a final process for completion

Partially completed units can be worked on simultaneously in different processes then brought together in a final process for completion

 

12.Units must pass through one process before they can be worked on in later processes

 

13.Works well whenever relatively homogeneous products pass through a series of processes and receive similar amounts of manufacturing costs.

 

14.Combines beginning inventory costs and work done with current-period costs and work to calculate this period’s unit cost

 

 

 

 

 

Match the five steps involved in creating the department production report with the steps below in the proper order.

a.Step 1 in preparing a Production Reportd.Step 4 in preparing a Production Report

b.Step 2 in preparing a Production Reporte.Step 5 in preparing a Production Report

c.Step 3 in preparing a Production Report

 

 

15.Calculation of equivalent units

 

16.Cost reconciliation

 

17.Physical flow analysis

 

18.Computation of unit costs

 

19.Valuation of inventories

Mar 13 2020 View more View Less

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