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1.Conversion costs in a process cost system include: Direct materials and direct labor. Direct labor and manufacturing overhead. Direct materials and manufacturing overhead. Manufacturing overhead
1.Conversion costs in a process cost system include: Direct materials and direct labor. Direct labor and manufacturing overhead. Direct materials and manufacturing overhead. Manufacturing overhead and selling, general & administrative expenses.
2.The number of the same or similar units that could have been produced given the amount of work actually performed on both complete and partially complete units is referred to as: Physical units. Completed units. Equivalent units. Produced units. Units to account for.
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