Some companies that use process costing simply assign the entire cost of production to those units completed

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Some companies that use process costing simply assign the entire cost of production to those units completed and transferred during the month, even if some units remain in process at the end of the period. Is this practice reasonable?

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Apr 21, 2014 03:42 AM

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Some companies that use process costing simply assign the entire cost of production to those units completed

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Financial and Managerial Accounting the basis for business decisions

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