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Explain step three and step four for the production cost report Preparation of production cost report involves four steps. These steps are as follows: 1.
Explain step three and step four for the production cost report
Preparation of production cost report involves four steps. These steps are as follows:
1. Compute the physical unit flow.
2. Compute the equivalent units of production.
3. Compute the unit production costs.
4. Prepare the cost reconciliation schedule.
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There are 3 Steps involved in it
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