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c. Bazillian Idustries operates a division in Brazil, a country with very high inflation rates. Traditionally, the company has used the same costing technique in

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c. Bazillian Idustries operates a division in Brazil, a country with very high inflation rates. Traditionally, the company has used the same costing technique in all countries to facilitate reporting to corporate headquarters. However, the financial accounting reports from Brazil never seem to match the actual unit results of the division. Management has studied the problem and it appears that beginning inventories may be the cause of the unmatched information. The reason for this is that the inventories have a different financial base because of the severe inflation Required: How can process costing assist in addressing the problem facing Brazillian Industries? (6 marks)

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