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Assume that you manage the manufacturing operations for the custom order division of a company that makes fine jewelry. The company's raw materials consist mainly

Assume that you manage the manufacturing operations for the custom order division of a company that makes fine jewelry. The company's raw materials consist mainly of gold (10 karat and 14 karat), precious stones, and semiprecious stones.

Describe what manufacturing information would be important to track in a process cost system. What type of accounting documents are used to gather and report this information.

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